Price has formed a Fresh Weekly Demand and should retrace into it for a pullback, therefore this is a counter trend trade, but with a favourable Reward to Risk Ratio. We have a selling confirmation in Daily and this is a positional Trade in the downward direction should take 15 days to reach the Target. ENJOY THE RIDE ! ! !
Price has violated a Weekly Demand area and formed a Monthly and Weekly Supply area. After reacting to this Supply we directly have a Fresh Demand formed @ 16275.00
Price has been violating Demands and respecting Supply zones since last week, Now yesterdays closing has happened into a Daily Engulfing Supply, 17428.20 is the LEVEL to be achieved.
Educational Purpose Only Channel BreakOUT Head & Shoulder Pattern Hope is 15000 Level Only Broken 15450 also💔