If you find psychological levels, How easy it becomes to see what big players are doing.
It was a perfect reversal trade. Price respected the demand zone.
The updated chart is attached below for your reference. You can see earlier post to confirm the levels.
Perfect rangebound trade.Perfect entry and target.Respect market decision.
Cheers
Sid
Disclaimer:
The above views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don't trade with the money you can't afford to lose. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication of future returns.
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