Price hitting very strong support zone after hitting ATH in August 2021. At same time spotted completed 5 corrective waves.
This support also equivalent to bottom trendline of downtrend channel. We should expect some relief rally to step in from here. Although it will not be a straight up move.
The idea here will be to accumulate within the zone and always make sure to apply good money management.
This support also equivalent to bottom trendline of downtrend channel. We should expect some relief rally to step in from here. Although it will not be a straight up move.
The idea here will be to accumulate within the zone and always make sure to apply good money management.
Trade active
Trade active:
Ignore accumulation Zone as entry and wait for BUY BACK zone.
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