As Market is moving in Rangbound from 3305-3330.
Key area 3315-17
What possible scenario we have?
Bearish scanario:
- market Is in falling wedge channel
-if market breaks 3305 and give closing below then ready for the next Drop towards 3280.
Bullish Scenario:
- 3320-30 multiple rejection resistance cluster
-if candle closing above 3330 then buy owards 3360 then 3380 .
Overall im on bearish side .
Key area 3315-17
What possible scenario we have?
Bearish scanario:
- market Is in falling wedge channel
-if market breaks 3305 and give closing below then ready for the next Drop towards 3280.
Bullish Scenario:
- 3320-30 multiple rejection resistance cluster
-if candle closing above 3330 then buy owards 3360 then 3380 .
Overall im on bearish side .
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