COFORGE LOOK OUT FOR THESE LEVELS!!!

2020年10月29日

ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
PRICE HAS BEEN CONSOLIDATING FOR 3 DAYS NOW.

BUY ONLY IF 2300 LEVEL IS BROKEN WITH VOLUME, OR IF PRICE FORMS A REVERSAL CANDLE NEAR/ON THE DEMAND ZONE.
SELL BELOW 2165, BE CAUTIONS WHEN PRICE IS NEAR 2115-2100 LEVEL

2300 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME.

The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TEANT
3) VOLUME - RED (BEARISH VOLUME)

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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!