Selling started close to the top and UMVD is showing red for selling pressure.
TrapZone is strong and wide so Upward trend may resume.
I believe we will poke below the support area before rising higher.
TrapZone is strong and wide so Upward trend may resume.
I believe we will poke below the support area before rising higher.
Note
Trade what you see, Not what you think. You see selling, you do what :)Note
Red UMVD keeps pulling its weightNote
Sellers are still playing ball
Note
Buyers supporting the price still. Lets see if we can get above and draw green trapzonesNote
Note
Not Much Has ChangedNote
Now Still sideways with Selling Pressure. Lets see if Prices can hold this level or not.Trade closed: target reached
Will start a Neutral Bias Thread for continuous analysis of this symbol - rather than long and short Ideas. Thank you for your support, follow to get live alerts of latest Technical Analysis.
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WhatsApp (Messages Only) : +1 341 345 8266
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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.