IBULHSGFIN
๐ดPrice holding at the Demand Zone for a long time.
๐ดRight now three consecutive consolidation candles are formed at the demand zone and above the Diagonal support line.
๐ดSo far price has been responding to all the diagonal support and resistances.
๐ดWe can buy at the demand zone while consolidation happens or we can wait till break out happens.
๐ดIf the current demand zone is engulfed, we can see some bearish move till the next demand zone which I have mentioned in the chart.
๐ด DISCLAIMER : This is just for educational purpose. Do your own analysis.๐ด