Federal bank recently gave an up-move from 67 to 97 (more than 45 % up move in a short duration of 3 month)
Congratulations to all those who analysed and traded well
Every trader has strengths and weakness.
“You have to learn the rules of the game. And then you have to play better than anyone else”-albert einstein
Now coming to the analysis ,
The up-move looks to me as an ABC correction unless the market proves otherwise
However , Federal bank is presently @ a demand zone where some consolidation can take place
But who knows, that may change…
Waiting for the critical comments from esteemed users
Congratulations to all those who analysed and traded well
Every trader has strengths and weakness.
“You have to learn the rules of the game. And then you have to play better than anyone else”-albert einstein
Now coming to the analysis ,
The up-move looks to me as an ABC correction unless the market proves otherwise
However , Federal bank is presently @ a demand zone where some consolidation can take place
But who knows, that may change…
Waiting for the critical comments from esteemed users