Just looking at structure here.
We just broke resistance turned support. I expect a retracement to the support line before a move up to position 1.
Ill be looking for a long entry here.
After getting to position 1. i expect continuation of the downtrend all the way to position 2.
If we fail to hold the support here, i expect us to go all the way to position 2.
We just broke resistance turned support. I expect a retracement to the support line before a move up to position 1.
Ill be looking for a long entry here.
After getting to position 1. i expect continuation of the downtrend all the way to position 2.
If we fail to hold the support here, i expect us to go all the way to position 2.
Looking for a retest of around 6650 for a short entry