Traders, we are monitoring this zone where a bearish W pattern completes on higher timeframe and confluences with 200sma. This can be a good opportunity for short as we also have a bearish pattern on the lower timeframe too.
This is what we discussed in out weekly YT video analysis too.
If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________