The possibility of this happening is a 70% chance, therefore the trade that I will be taking is going to be a buy entry at the buy box area around 6150 and up. However I have three other buyers one being at 8150 and 7500.
This is a Mac D Bearish divergence of volume and price action, how this works is when you get a high in the price chart and a higher high in the price chart but the mag D shows a high followed by a higher low this means that money is exiting the market and there is a price difference in the price will fall.
However we do have the having that has passed we have bullish news, and we have a fundamental background that is bullish as well.
Disclaimer, these are not financial decisions you should have an X on this trade any loss of revenue I am not liable for. But in the long term in my opinion I will be buying at these levels if they do touch.
This is a Mac D Bearish divergence of volume and price action, how this works is when you get a high in the price chart and a higher high in the price chart but the mag D shows a high followed by a higher low this means that money is exiting the market and there is a price difference in the price will fall.
However we do have the having that has passed we have bullish news, and we have a fundamental background that is bullish as well.
Disclaimer, these are not financial decisions you should have an X on this trade any loss of revenue I am not liable for. But in the long term in my opinion I will be buying at these levels if they do touch.
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