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UPL - Lack of demand/ buying pressure
Note: This is for educational purpose only.
There seems to be a build up near channel support which shows lack of demand or lack of buying pressure. Moreover, there is a big red candle formed near support with high volume. You can short on breach of the channel.
There seems to be a build up near channel support which shows lack of demand or lack of buying pressure. Moreover, there is a big red candle formed near support with high volume. You can short on breach of the channel.
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