BIFI has indeed turned to a downtrend after losing the $2000 zone. The upcoming trend of BIFI is to fall to $1200 or even $1000. But at the $1500-1600 zone, the buying force might appear and bring a recovery to the $2000 zone.
ðRED PLAN
âŧïļCondition : If 1-Day closes ABOVE 1500$ zone
ðīBuy : 1600 - 1500
ðīSell : 2000
ðBLUE PLAN
âŧïļCondition : If 1-Day closes BELOW 1500$ zone
ðĩSell : 1500
ðĩBuy : 1200 - 1000
âDetails
ðŦStoploss for Long : 10%
ðŦStoploss for Short : 5%
ðRed Arrow : Main Direction as RED PLAN
ðBlue Arrow : Back-Up Direction as BLUE PLAN
ðĐGreen zone : Support zone as BUY section
ðĨRed zone : Resistance zone as SELL section