Long Term: It is expected to come down to 1 day support by breaking 4 hour support take resistance and come down. It has touched 12 hours more than 4 times so it might go down upto 1 day(2872.00).
Short term : IT IS EXPECTED TO MOVE UP TO 3 HOUR RESISTANCE BY TAKING 5 OR 15 MINS SUPPORT. There is also a chance of downward movement due to 3 hour resistance and M pattern but it is expected to move upto 4 hours as 2 hours has already touched its resistance twice.
Movement range Medium term : 15 mins support and 4 hours Resistance
Confirmed : 3 and 5 min confirmed positive
Largest tf Positive Indicator : nor posive candles Largest tf negative Indicator : 1D , 5 mins
Trade closed: target reached
Long term prediction was spot on. It reached the 1 day target. Moved from 2936 to 2890. Profit: 2300
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