Expecting a short term Long Move toward 47200 Level.
Technical Reasons Based on advance order flow & foot print analysis:
> Effort is less in up wave & Results are More
> Sellers are exhausting & Buyers are Renewing
> More pressure in down side but absorbed by Fresh Money
> Imbalance between supply & demand
More Bids Than ask (aggressive Buyers & Passive sellers
More reasons are mentioned on chart.
Do your own research before taking any decision.
Technical Reasons Based on advance order flow & foot print analysis:
> Effort is less in up wave & Results are More
> Sellers are exhausting & Buyers are Renewing
> More pressure in down side but absorbed by Fresh Money
> Imbalance between supply & demand
More Bids Than ask (aggressive Buyers & Passive sellers
More reasons are mentioned on chart.
Do your own research before taking any decision.
Note
This Idea was under ''How-To'' Category. I tried to show that how we can follow the footprints of smart money with the help of Effort & Result principles.
Tradingview to MT4 MT5 Automation Solution
Backtesting and Optimization of any Indicator or Strategy
Here is Complete Presentation
bit.ly/UniversalBot
Backtesting and Optimization of any Indicator or Strategy
Here is Complete Presentation
bit.ly/UniversalBot
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.
Tradingview to MT4 MT5 Automation Solution
Backtesting and Optimization of any Indicator or Strategy
Here is Complete Presentation
bit.ly/UniversalBot
Backtesting and Optimization of any Indicator or Strategy
Here is Complete Presentation
bit.ly/UniversalBot
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.