In daily timeframe, an important resistance trend line coming with full/final confirmation for further bullishness in the index. BNF will be approaching the line for the 3rd time, it also makes it crucial for decision.
if tomorrow? = level is around 46600 (+/-)
Key resistances:
1. Descending trend line on daily timeframe. (46600)
2. Horizontal Line at W's neck. (46900)
if broken (both) - Big Gap will be filled soon.
Let's wait, watch and observe till monthly expiry!
Note: My Personal Opinion(MPO) = Long
if tomorrow? = level is around 46600 (+/-)
Key resistances:
1. Descending trend line on daily timeframe. (46600)
2. Horizontal Line at W's neck. (46900)
if broken (both) - Big Gap will be filled soon.
Let's wait, watch and observe till monthly expiry!
Note: My Personal Opinion(MPO) = Long
Trade active:
Resistance demolished today like "The Wrecking Ball" since the price hit many time on that "Descending Tred Line" in last 3 sessions.
Also, Both the resistances - descending and horizontal line ar W's neck brokeout today upwardz. Still one opportunity for breakout failure is there.
Heard that candles are talking about few retests, and 49000 levels!
Observe! Playful!
Also, Both the resistances - descending and horizontal line ar W's neck brokeout today upwardz. Still one opportunity for breakout failure is there.
Heard that candles are talking about few retests, and 49000 levels!
Observe! Playful!
Still Wait, Watch, Observe, Analyse and Observe Live.