And so, the index is in the stage of correction. Now the instrument is likely to continue its downward movement within the framework of this very correction. Globally, this correction is presented on the D1 chart, so this downward movement will look impressive on H1. A "head and shoulders" formation is easy to spot at this point. In addition, the price is under pressure from the resistance levels 36185 and 36090. The current fall is expected to 35890 or even slightly below this level.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.