ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE. PRICE HAS BEEN CONSOLIDATING FOR 3 DAYS NOW.
BUY ONLY IF 2300 LEVEL IS BROKEN WITH VOLUME, OR IF PRICE FORMS A REVERSAL CANDLE NEAR/ON THE DEMAND ZONE. SELL BELOW 2165, BE CAUTIONS WHEN PRICE IS NEAR 2115-2100 LEVEL
2300 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME.
The indicator used: 1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts 2) TEANT 3) VOLUME - RED (BEARISH VOLUME)
If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.