After being in an UPtrend for a while now, Its correction time Price will retrace back to the Fresh Monthoy Demand and will again presume Buying for long term, Investment Traders can book their Profits and add again when Price reaches the Monthly Demand.
ENJOY THE RIDE !!! The Brackets come naturally bein a coder!!!
Price has a Source Demand in 12 Months chart, after reacting to the 12 Month Demand it has violated a 6 Month Supply and formed a Demand @ 454.05, In order to come to the6 Month Demand Price has to come down and Yes it was a false breakout; in the left side Price has reacted to a Quarterly and Monthly Supply, this Supply can act as a Source to the downtrend till the Price 454.05, I made a mistake considering 4H for confirmation; instead Weekly is the timeframe for confirmation and an Entry in downside for target of 454.05