INSTITUTIONAL TRADING

HELLO GUYS. FOR THIS TRADE EXTREME PATIENCE IS REQUIRED, BECAUSE BANKS HAD ALREADY PUSHED THE PRICE. NOW THERE CAN BE TWO POSSIBLITIES HERE DEPENDING WHERE THE PRICE WANTS TO MOVE. THE PRICE IS IN THE ZONE AND MOST PROBABLY IT SHOULD SHOW SOME REJECTIONS WHICH IT HAD ALREADY SHOWED. BUT STILL THE PRICE IS MOVING IN THE ZONE. MOST PROBABL THE PRICE WILL GO DOWN AND AFTER TOUHING THROUGH YELLOW LINE IT WILL HOLD THERE, THEN AGAIN BANKS WILL MOVE THE PRICE UP. BUT IF THAT DOES NOT HAPPENED THEN PRICE WILL GO UP AND TOUCH THE NEXT ZONE WHICH IS SHOWN IN THE CHART. I'M NOT A FINANCIAL ADVISER, I LOOK AND THINK ABOUT THE PRICE AS BANKS ARE THINKING. MANAGE YOUR OWN RISK. HAVE A GOOD TRADE.
FibonacciSupport and ResistanceTrend Analysis

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