On above chart we can see ultra high volume candle which is 1st sign of stopping downtrend.
After that we can see breakdown with lower volume than ultra high volume candle suggest support is very close..
On weekly chart support zone is marked on chart..
Entry - 5625
SL - 4995
Target - 7500
Risk/Reward - 1:3
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Above analysis is for study purpose only...
After that we can see breakdown with lower volume than ultra high volume candle suggest support is very close..
On weekly chart support zone is marked on chart..
Entry - 5625
SL - 4995
Target - 7500
Risk/Reward - 1:3
Like and follow to get more new ideas..
Above analysis is for study purpose only...
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