PriceCatch

MCX a Long Opportunity

Long
NSE:MCX   MULTI COMMODITY EX
I was looking at MCX on the 1h TF and observe that price has crossed the cheap entry zone as per the ProTrader script. I have seen that on many occasions, when the levels are drawn, price attempts to reach at least the first marked level. I think this time also it will do so.

For the curious, the levels are based on Fibonacci sequence and are automatically plotted by the ProTrader script.

Let's see how it works out.

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