NIFTY into textbook pattern
after failed attempt on thursday price then trying form a base near the medium timeframe demand zone (mtf)
as such condition it is likely considered as
trend (thursday fall) >>>>
then side ways for liqudity generating
and >>>>>> then (trend continued)
on side
19080
18922
are curcial level to watch
18700 will be third support where price is likely to turn around if all of ther pattern goes as per textbook method
price is likely to get oversold
as such condition it is likely considered as
trend (thursday fall) >>>>
then side ways for liqudity generating
and >>>>>> then (trend continued)
on side
19080
18922
are curcial level to watch
18700 will be third support where price is likely to turn around if all of ther pattern goes as per textbook method
price is likely to get oversold
Nota
price made a pullback and got rejected from fib 0.6 which was having confluence with medium time frame supply zone the last hour selling looks parabolic
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.