One of the reason for buying is that, Price pumped up, after breaking the base leaving the OB for bulls. Using the fib approach, the price have retraced to test the demand zone. Now I expect the buyers to dominate afrer validating by choch shown in the chart.
Let us see how it will play
Let us see how it will play
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Disclaimer
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.