As per price action we can see that price is falling from the weekly open and printed 3 big bearish candles and bulls not able to push it above the pivot level, today also price trading under the daily pivot which is in bears favour.
For bulls watch current price zone (1945-52) it is support zone as per VP.
Next support level is at 1933 (Fib retracement Level).
on HTF there is no confirmation of buy and bulls have to wait for rejection/confirmation from lower levels and bears can keep selling till pivot level is safe on daily close
For bulls watch current price zone (1945-52) it is support zone as per VP.
Next support level is at 1933 (Fib retracement Level).
on HTF there is no confirmation of buy and bulls have to wait for rejection/confirmation from lower levels and bears can keep selling till pivot level is safe on daily close
