We did gave directional bias few days back about the price movement. now the bulls have taking the lead and a successful close above the upper level means price will push up further.
a close to the downside is an implication of the bears welcome back party, which may extend the price to 1950, 1940, 1930 respectively.
Remember that volumes are much more expected to confirm our bias for the downside but hey!! the market is bullish now though, we are not advising an entry until the close of today's candle.
a close to the downside is an implication of the bears welcome back party, which may extend the price to 1950, 1940, 1930 respectively.
Remember that volumes are much more expected to confirm our bias for the downside but hey!! the market is bullish now though, we are not advising an entry until the close of today's candle.