well, there is no confirmation yet. Looks like it has catches a side range for some time. We have a reclaimed resistance and supply just above it. There will be no confirmation unless market break up or down from this ranges.
As of today, we are in a side range. Next week, I want to see break out or down for further update. Until we get the confirmation, please don’t follow any random charts that is showing you a imaginary levels.
I will try to explain everything on weekly update.
By: SUMANTHAPA
(Tactical Analyst, SharePati.com)