Now here are the potential trade scenarios to trade the coming week:
Prices manage to respect 27570 zones and we continue to move higher to test 27900 levels- which is a retracement of last weeks range and then look to trade a pullback from there.
A move below 27570 range to test the levels of 27450- if that holds and markets pullback we are in for some up move more.
In continuation of scenario II preferable scenario is a move into the shaded zone of 27330-27250 range and look to trade a pullback from there, and that is the favored scenario this week.
A contrarian scenario is markets to completely retrace this move and go on to test 27150-100 range all over again. Scenario has to be anyway tested first before that.
Detailed volumeprofile chart for is posted at https://twitter.com/powertrades/status/1...