As Market is moving in Rangbound from 3305-3330.
Key area 3315-17
What possible scenario we have?
Bearish scanario:
- market Is in falling wedge channel
-if market breaks 3305 and give closing below then ready for the next Drop towards 3280.
Bullish Scenario:
- 3320-30 multiple rejection resistance cluster
-if candle closing above 3330 then buy owards 3360 then 3380 .
Overall im on bearish side .
Key area 3315-17
What possible scenario we have?
Bearish scanario:
- market Is in falling wedge channel
-if market breaks 3305 and give closing below then ready for the next Drop towards 3280.
Bullish Scenario:
- 3320-30 multiple rejection resistance cluster
-if candle closing above 3330 then buy owards 3360 then 3380 .
Overall im on bearish side .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.