This analysis is an update of the analysis you see in the "Related publications" section
In the previous analysis, we mentioned that the price bounced upward from either Demand 1 or Demand 2.
Considering that the trigger line was broken with a valid candle, it seems the orders in Demand 1 were sufficient to push the price upward.
As long as the new demand zone holds, we expect the price to move toward the orange box.
The orange box appears to be a strong resistance zone, and we will definitely see a reaction there.
Let’s wait and see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
In the previous analysis, we mentioned that the price bounced upward from either Demand 1 or Demand 2.
Considering that the trigger line was broken with a valid candle, it seems the orders in Demand 1 were sufficient to push the price upward.
As long as the new demand zone holds, we expect the price to move toward the orange box.
The orange box appears to be a strong resistance zone, and we will definitely see a reaction there.
Let’s wait and see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
A pullback was made to the new demand zone. This move is still validTrade closed: target reached
Through various analyses, we issued warnings about the bullish nature of this index. Since our analysis, it has pumped by 3.8% leading to a market-wide downturn.
Trade with peace of mind | stay with us.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Related publications
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.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Related publications
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.