The script has been moving in an inconsistent Channel pattern. Currently it is at its lower channel line.
There is a strong support zone at the current location. 100 days EMA and 50% fibo support further strengthens the support.
Can be brought with once a sign of reversal is formed with decent volumes.
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
There is a strong support zone at the current location. 100 days EMA and 50% fibo support further strengthens the support.
Can be brought with once a sign of reversal is formed with decent volumes.
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.