Sideways movement with low volume without clear direction showing uncertainty reflected from fundamentals on chart. A mild tension running behind can convert to panic if price sustain at lower side.
Not
Sideways zone swings can extend towards 14850/14980
Not
Near to 14850 now.
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14980 target and sideways swing completed.
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Price following downward from supply zone of side ways swings. 14680-14700 need to hold for an attempted BO above supply zone, expect swings to go test bottom zone again otherwise.
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This chart is aging well, 14680 below broken in Friday last hour and follow up to the lower zone.
Not
bounced from lower 14488, now 14750 above to be watched for whether the swing will retest high zone again. Failing to hold 14750 can result in selling pressure again.
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14750 acted as boundary and selling pressure as expected
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Price again holding 14488 support. A base is forming for bullish movement but volumes are not convincing, price can break the base. Stay side line for now.
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Deja vu at 14750. Breaking above can lead to 14950+ levels again.
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14950+ completed. 14850-14900 if able to hold will attempt a breakout here.
Not
Close the remaining longs if opens below 14850. Add small quantity BnF short after opening bounce.
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