Based on my pattern analysis, I anticipate the bearish momentum to persist until November 7th, potentially testing the support level around 25,460. However, on November 6th, a pullback after 11:15 AM is possible, which could result in a lower high formation.
Please note that this is my personal market outlook, and actual price action may vary due to potential gaps on either side. Traders are advised to perform their own technical analysis for entries and exits, while maintaining proper risk management practices.
Please note that this is my personal market outlook, and actual price action may vary due to potential gaps on either side. Traders are advised to perform their own technical analysis for entries and exits, while maintaining proper risk management practices.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.