Market Analysis: The market after breaking the monthly support level. Couple of days back is now retesting the broken support level. We are expecting some new lower lows to form in the coming weeks to see a huge downside move. If the resistance holds, so lets wait and see what the market does in the coming days. Cheers!
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Trade active
Note
Market reached the trend line resistance and is now retracing lets wait and see if the support can break and come back to our lows. Cheers!
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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.