Looking at wave oscillator indicator price pattern seems to be in wide formation with price hitting the bottom at exactly 78.6% of the previous move. Whereas, the last Mega move occur after price bounced off this same bottom at exactly 78.6% fib level.
if history repeat itself this may be a good sign for potential price reversal to the upside.
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Here is my trading plan towards this pattern. Looking to Buy around 6200-6260 area with tight stop loss below the support.
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