I expect this move to happen
1. 6330 is a crucial level as it demonstrates previous resistance confluent with fibonacci 2.618
2. supply zone might be a bit higher (red box)
3. Failure swing top (making Head n shoulder)
4. Sell in may and go away
5. Pullback to previous high (5300)
1. 6330 is a crucial level as it demonstrates previous resistance confluent with fibonacci 2.618
2. supply zone might be a bit higher (red box)
3. Failure swing top (making Head n shoulder)
4. Sell in may and go away
5. Pullback to previous high (5300)
Note
8 January - Breaking diagonal resistance. Going to the level above 6300Trade active
Left shoulder completed.might see a reaction here in the previous diagonal resistance.
Expect major move in the last week of January
Note
AT ITS RESIST RIGHT NOW - 15 March 2021Note
still good, down??
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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.