The market has broken critical resistance level and given indication of embarking upon bullish rally. But potential buyers should keenly observe the movement of price action before jumping into the fray. The bullish rally may be a trap laid down by the Smart Money or big financial institutions because before breaking the resistance level, one may clearly notice the big spikes in volumes at key level.
Chart Assessment predicts trade opportunity short after price rejection from immediate resistance.
P.S.This is an educational assessment and guess work and not trade recommendation.
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Chart Assessment predicts trade opportunity short after price rejection from immediate resistance.
P.S.This is an educational assessment and guess work and not trade recommendation.
Please Like, Subscribe and share for more Trend Analysis and Chart Assessments.