On Daily TF, ABC correction seems to be over or almost at the end of the correction (as per Harmoic patterns, a dip towards 1540 still looks due)..
Nevertheless, shorting here seems to be a bad idea and I will look for buying opportunities aiming for 50% retracement of this CD leg down..
With results being expected in the second week of April, let’s see how far will the bears carry their shorts with conviction.
Disclaimer: This is not a trading advice. I am only sharing my learning
Nevertheless, shorting here seems to be a bad idea and I will look for buying opportunities aiming for 50% retracement of this CD leg down..
With results being expected in the second week of April, let’s see how far will the bears carry their shorts with conviction.
Disclaimer: This is not a trading advice. I am only sharing my learning
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On Daily TF, the Shark pattern seems to be in play which could very well take the price to sub 1450 levels.. So, it is a wait and watch game now.. 
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.