- As per the structure, the price continues to decline to reach the 1st deemand area to go further, and also, there are three deemand created in a 4hr time frame.
- If you watch the recent high and AO, there is a divergence between them
- Where the price makes higher high, but AO is losing the buying momentum and decreasing.
Better to find a short opportunity on this instrument.
Emotion Mein Insaan Hamesha Galati Karta Hai.
--------Disclaimer-----------
Charts are for educational purposes. Non-advisory, discretional.
--------Disclaimer-----------
Charts are for educational purposes. Non-advisory, discretional.