As per analysis shared, price has retraced to an important demand level. Lets see if price rejects here and gives a buying opportunity. DO NOT BUY unless you see buyers enter here and use your rules and strategies to enter the trade once buyers enter at this demand area.
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Here is an update on earlier anlaysis, with a daily candle close expecting price to move higher, we are in a buy zone, only look for buy opp
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Same analysis as of Friday last week expecting the price to rise from these levels
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Price spiked down and aggressively came back and here is the same setup
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Price is nicely going higher as per analysis
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End result profitable move