https://www.tradingview.com/x/feEnu9uO/ The logis is as follows:
1) Last 3 weekly close was above the demand zone, 835.4 to 792.7.
2) 835.4 was very important pivot (Close of week 28-Nov-22 to 02-Dec-22), which was tested many times (8 times by the weekly candles) after the breakout in the week, (08-May-23 to 12-May-23)
1) Last 3 weekly close was above the demand zone, 835.4 to 792.7.
2) 835.4 was very important pivot (Close of week 28-Nov-22 to 02-Dec-22), which was tested many times (8 times by the weekly candles) after the breakout in the week, (08-May-23 to 12-May-23)
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