- An excess detected at the value high with price rejection, and another is at a value low.
- During the fall from value high found the surging volume and broad volume at the value low.
- The price is trading at value low with already formed TAIL, therefore stop loss should below support 1295 and target will be at control price 1335 above. If volume generates higher, a trader can start entering at dip price.
I have also plotted buy zone for long traders.
NOTE: we might see spike up side after small fall.
Performance Chart
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