As we saw today, BNF opened with a gap-up and faced a rejection from 50% level of Fibo . Price got hit Target 1 in down-side and then stuck in a range till 3pm. In last 30 minutes buyers pushed the price up but couldn't close above the Day high.
As Price still in a Resistance zone, can cross by Gap-up or a strong momentum. if not then correction will start and we see 35300-100 level.
Found a Possible ABCD pattern in the chart, will active after 35950. Please have a look into the chart to get all details, have tried to draw everything as much need to do.
If agree with the Study, then Please LIKE....
HAVE A GOOD GREEN TRADE
As Price still in a Resistance zone, can cross by Gap-up or a strong momentum. if not then correction will start and we see 35300-100 level.
Found a Possible ABCD pattern in the chart, will active after 35950. Please have a look into the chart to get all details, have tried to draw everything as much need to do.
If agree with the Study, then Please LIKE....
HAVE A GOOD GREEN TRADE
Komen:
Buy 36200 PE above 250...
Target 1 - 300-315
Target 2 - 420-430
Target 1 - 300-315
Target 2 - 420-430
Komen:
Buy 36300 CE above 320...
Target 1 - 360
Target 2 - 400
Target 1 - 360
Target 2 - 400
Then price exactly fell from T3 to T2 and trying for a Up-move again.
Total 350+ points till yet.