------>> Finally the trendline broken strongly, after a long time.
-------->> if price again wants to test the Resistance or continue to fall down.
price is exactly closed in the demand zone, stronger one, actually its supply zone acts as demand.
if this acts as support price is again bullish, and will test the supply zone again, and fall back or continue to move upside.
Plan A:: Keep on the buy side from 43600 levels until it breaks. if price again breaks 43850 level and not able to go below yesterday low, we will be on buy side for target of 43950 and 44040 and 44160 level.
plan B::
If price falls below demand zone, we will sell on retracement.
Plan C:
If price reaches the All time high again, we will go for short with confirmation only. if again price fall below 43950and takes the support @43850 pushes the price up, then sell @43950 zone.
Plan D::
Price may consolidate between the Supply zones moves up breaking the all time high.
-------->> if price again wants to test the Resistance or continue to fall down.
price is exactly closed in the demand zone, stronger one, actually its supply zone acts as demand.
if this acts as support price is again bullish, and will test the supply zone again, and fall back or continue to move upside.
Plan A:: Keep on the buy side from 43600 levels until it breaks. if price again breaks 43850 level and not able to go below yesterday low, we will be on buy side for target of 43950 and 44040 and 44160 level.
plan B::
If price falls below demand zone, we will sell on retracement.
Plan C:
If price reaches the All time high again, we will go for short with confirmation only. if again price fall below 43950and takes the support @43850 pushes the price up, then sell @43950 zone.
Plan D::
Price may consolidate between the Supply zones moves up breaking the all time high.
Note
Don't Go for selling....price may reverse fast...Note
wait until price breaks 43480-43450 level. for short, price may again reverse here.Note
Price is struggling, fake breakdown may happensNote
Price wants to break this level, and going test final support 43350, strong bullishness happens here.Note
The end of bearishnessNote
this is the last holding level for buyers, to take the price up. If they failed great fall ahead.Keep observe this level.
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Please Like, Follow and Comment
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" i am a IT-Trader "
Disclaimer
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.