One more drop before the Turn around , Yes it will high likely make one more drop and then it will brake the small structure You can look to enter on brake of the structure or buy on drop reversal and let the trade move by trailing stop
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I think it broke out now i will wait for 1 Hour to close if out form the structure then i am going long
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1 Hour brake did not take place , so it will make new low with in this structure and turn , One can look for brake of the structure
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Policy change in Government dis investment form GAIL can push the price down ward ,