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I think I can see Elliott Wave pattern but not sure how it's going to happen in current market situation.
I think the trend is still upwards (which is great) but for next few days price will swing between support & resistance 72.300 and 74.50.
since today's run was reasonably good after 5 days of price correction.
I would be keeping an eye on tomorrow's market situation especially how it opens and closes.
I think we should expect next bull run soon.
I think the trend is still upwards (which is great) but for next few days price will swing between support & resistance 72.300 and 74.50.
since today's run was reasonably good after 5 days of price correction.
I would be keeping an eye on tomorrow's market situation especially how it opens and closes.
I think we should expect next bull run soon.
Comments
I think it's not a good sign for Bulls. let's see how price action move towards the support line.
I think if it comes down to support level at around 72.300 it would be a good opportunity to load up.