The price analysis is done on the basis of most basic methods of technical analysis. That is swing high and lows.
Levels are marked on the chart and we expect price to respect these levels in future. This is not trading idea but this is to understand how price may move in near future. Traders can use these lines or zones to decide their own trades.
Blue lines on chart are from cycle analysis from recent movements and white lines are from old time cycles. Keep observing the prices action around these lines.
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