Observations::
Left shoulder @18340
Head @ 18400
Right Shoulder @18340
and Neckline is observed at 18200,if price breaks neckline we will observe a strong fall towards 18120,18060 levels.
---------->> we have gap left @ 18060 level, price may goes up again from here. this level will push the price upwards again.
---------->> Be careful at 17960 and 18060 levels.
Left shoulder @18340
Head @ 18400
Right Shoulder @18340
and Neckline is observed at 18200,if price breaks neckline we will observe a strong fall towards 18120,18060 levels.
---------->> we have gap left @ 18060 level, price may goes up again from here. this level will push the price upwards again.
---------->> Be careful at 17960 and 18060 levels.
Comment:
Price is clearly taking the support of right shoulder and moved to the strong resistance @ 18450-18500 levels.
Comment:
previous demand zone at 18340 level if acts as resistance price falls back.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
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