In weekly time frame can see M pattern has been formed and retested it from the neckline. so i guess it is currently bearish.
Daily time frame price tried to build up bullish market structure but that attempt was unable to execute and price came to below the support zone.
Due to that reason I believe that lot of stop loss will Triger at that support zone and new shot entries will place at there.
With that effect form of demand zone in there.
In daily Time frame can be seen death cross as well.
Daily time frame price tried to build up bullish market structure but that attempt was unable to execute and price came to below the support zone.
Due to that reason I believe that lot of stop loss will Triger at that support zone and new shot entries will place at there.
With that effect form of demand zone in there.
In daily Time frame can be seen death cross as well.