Relience taking Support
Relience taking Support at major SR level.
Made bullish candlestick in daily TF with good volume (higher than previous days).
Also taking Support at trend line.
Also @200 MA in daily TF.
Made base in smaller tf with Cup and handle pattern.
Also broke resistance trend line while closing session with high volume.
Market sentiments are bearish but expecting reversal in coming days.
A good swing trade can be taken after previous days high in broke with good volume.
Will wait for retest if open gap up.
Made bullish candlestick in daily TF with good volume (higher than previous days).
Also taking Support at trend line.
Also @200 MA in daily TF.
Made base in smaller tf with Cup and handle pattern.
Also broke resistance trend line while closing session with high volume.
Market sentiments are bearish but expecting reversal in coming days.
A good swing trade can be taken after previous days high in broke with good volume.
Will wait for retest if open gap up.
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