Looks like we have expanded flat correction in play on weekly timeframe.
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Pay attention to 43.50 - 44.00 level.
Watch for bounce or break as it wiil be good point to enter.
Closure above 44 with full body candlestick gives us signal for buy entry.
Watch for bounce or break as it wiil be good point to enter.
Closure above 44 with full body candlestick gives us signal for buy entry.
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Bigger picture.
I consider two potential reversal zones.
I consider two potential reversal zones.
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