1st Sup-157 Price may REACT around 157-160 Price Range. BUT SHARP FALL from 182 to 162..PRICE may go SIDeWAYS and Continue the Slide till NEXT STOP of 150
The UP movement of Price is indicated wth 5 wave theroy as it was visible on the Chart. Formation of DT, and RSI in DAILY less than 40 indicates HEAVY SELLING Pressure [if u love indicators :)]. DT - 1st Target is achieved. 2nd Target of DT is probability of 150. HAving said that , 157 may act as Support, will Watch out for that for any potential reversal.
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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.