we expected this previous huge falling from 220 and the highest price available:
then we talked about H & S that was forming :
and now here market had great correction and is near strong support zone(green rectangle) we would expect some range or even bull candle and if price go above the descending channel then some pump as shown with green path else in this bearish market red paths and falling scenarios can easily continue . DISCLAIMER: 1.trade carefully and have stop loss for sure 2.Past performance is not indicative of future results.
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