📌📊Total
✅On September 1, in the analysis of the Total index, we mentioned that if the market reaches the level of 1.116, we expect a very good downtrend, which happened from the level 1.09 and penetrated the last support level of the index, that is, 991.
❗️Which returned with strength,
In general, when a supply or demand area is broken which this breakout is fake, like what happened now in the total chart, the market reaches the highest level and the origin of the previous movement, which is the level of 1.116.
✅On the other hand, the area ahead, i.e. the level of 1.06, may cause the index to reverse.
❗️In general, the trend of price movement in the direction of a fake breakout has happened.
✅Therefore, the total index in the future will be either from the same level ahead or from a higher level, i.e. 1.116 or downward.
#total
✅On September 1, in the analysis of the Total index, we mentioned that if the market reaches the level of 1.116, we expect a very good downtrend, which happened from the level 1.09 and penetrated the last support level of the index, that is, 991.
❗️Which returned with strength,
In general, when a supply or demand area is broken which this breakout is fake, like what happened now in the total chart, the market reaches the highest level and the origin of the previous movement, which is the level of 1.116.
✅On the other hand, the area ahead, i.e. the level of 1.06, may cause the index to reverse.
❗️In general, the trend of price movement in the direction of a fake breakout has happened.
✅Therefore, the total index in the future will be either from the same level ahead or from a higher level, i.e. 1.116 or downward.
#total