WEEKLY ANALYSIS AND TRADE SETUP- 19 MARCH 2017
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WEEKLY ANALYSIS AND TRADE SETUP- 19 MARCH 2017
Last week there was huge addition of short positions in system. Also mentioned I last week analysis the weekly area has provided some support.
Monthly, weekly and 240 min is in sideways trend with no clear trend line.
But daily is in down trend.
OI analysis too suggesting short covering.
We will plan long trade in good demand as and when it forms as at present no good levels are available.
Trend Analysis:
OI Data Analysis:
Trade Setup:
Monthly, weekly and 240 min is in sideways trend with no clear trend line.
But daily is in down trend.
OI analysis too suggesting short covering.
We will plan long trade in good demand as and when it forms as at present no good levels are available.
Trend Analysis:
OI Data Analysis:
Trade Setup:
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