so guys as we can see in chat of week-1 time frame market was firstly moving around in descending trend line after breakout we have seen market went up and also break out its previous resistance but candle was close inside its previous resistance and start moving around descending trend line and also breakdown its demand zone and touched the its last support level which was its 5th time. (last support of 1680) and rejected the its support zone of 1680 after that we have seen again its bullish movement and rejected the descending trend line and also breakdown its demand zone again and now market was close inside in demand zone so here is the possibility here that market might be retest its strong support zone of 1680 or if market break down its support zone then we wait again for confirmation.
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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.