Market Opening: Indecisive; Expecting an upward move;
Overall Structure: Neutral; Expecting a Breakout;
Sentiments: Neutral;
Market Mood(FGI): 68% Greed, likely to be turned down;
Resistance: 17320, 17440, 17600;
Support: 17120, 17000, 16900;
Decision: Go with uptrend if given breakout towards key level,
OR Market may fall down towards strong key support(17000-16900)
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*P.S: Identify the zone, Follow the trend direction, Trade after trend confirmation.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge purposes only & is subjected to market risk.
Overall Structure: Neutral; Expecting a Breakout;
Sentiments: Neutral;
Market Mood(FGI): 68% Greed, likely to be turned down;
Resistance: 17320, 17440, 17600;
Support: 17120, 17000, 16900;
Decision: Go with uptrend if given breakout towards key level,
OR Market may fall down towards strong key support(17000-16900)
--------------------------------------------------
*P.S: Identify the zone, Follow the trend direction, Trade after trend confirmation.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge purposes only & is subjected to market risk.
