I expect this move to happen
1. 6330 is a crucial level as it demonstrates previous resistance confluent with fibonacci 2.618
2. supply zone might be a bit higher (red box)
3. Failure swing top (making Head n shoulder)
4. Sell in may and go away
5. Pullback to previous high (5300)
1. 6330 is a crucial level as it demonstrates previous resistance confluent with fibonacci 2.618
2. supply zone might be a bit higher (red box)
3. Failure swing top (making Head n shoulder)
4. Sell in may and go away
5. Pullback to previous high (5300)
Comment:
8 January - Breaking diagonal resistance. Going to the level above 6300
Trade active:
Left shoulder completed.
might see a reaction here in the previous diagonal resistance.
Expect major move in the last week of January
might see a reaction here in the previous diagonal resistance.
Expect major move in the last week of January
Comment:
AT ITS RESIST RIGHT NOW - 15 March 2021
Comment:
still good, down??