WEEKLY ANALYSIS AND TRADE SETUP- 12 MARCH 2017

by **AVINASH** Sun Mar 12, 2017 6:24 pm

As mentioned last week addition of shorts in system was evident which resulted in hitting of trailing SL on long position.
Now daily and 240 min trend is suggesting down trend but 240 min trend is broken and weekly is sideways.

OI analysis suggesting unwinding of long positions pushing price down.

But some aggrieve long can be planned at 178 with SL below 174.5

Trend Analysis:

WEEKLY ANALYSIS AND TRADE SETUP- 12 MARCH 2017 Zinc12

OI Data Analysis:

Trade Setup: