Market Opening: Partial Gapup (for Short covering)
Overall Structure: Downtrend, Oversold
Sentiments: Negative
Global Fear & Greed: 13% (Extreme fear)
Decision: Buy above 16100 towards mentioned resistance
Breakout confirmation(Green candle) Required
Sell Below 15800 towards 15600
Levels:::::::::::::::::::::::::::::::::::::::::::
Resistance: 16200, 16400
Average level: 16000-16100
Support: 15900, 15800, 15600
--------------------------------------------------
Identify the trend confirmation.
Game of High Volatility!
*Quotes for knowledge purpose only & Ideas are subjected to market risk.
Overall Structure: Downtrend, Oversold
Sentiments: Negative
Global Fear & Greed: 13% (Extreme fear)
Decision: Buy above 16100 towards mentioned resistance
Breakout confirmation(Green candle) Required
Sell Below 15800 towards 15600
Levels:::::::::::::::::::::::::::::::::::::::::::
Resistance: 16200, 16400
Average level: 16000-16100
Support: 15900, 15800, 15600
--------------------------------------------------
Identify the trend confirmation.
Game of High Volatility!
*Quotes for knowledge purpose only & Ideas are subjected to market risk.