⚡️Price Analysis:
1️⃣ Price testing major EMA confluence demand zone
2️⃣ Double top formation indicating distribution at higher levels although.
3️⃣ However, break below Dz could trigger further downside momentum
✨ Key Observations:
➡️ Strong Dz confluence at current levels (EMA + previous support)
➡️ FMCG sector is also expected to bounce back
➡️ Multiple failed attempts at highs created strong resistance
➡️ Market volatility impacting price action significantly
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 What's your view on FMCG stocks? Share below! ✌️🔥 Happy Trading!✅🚀
1️⃣ Price testing major EMA confluence demand zone
2️⃣ Double top formation indicating distribution at higher levels although.
3️⃣ However, break below Dz could trigger further downside momentum
✨ Key Observations:
➡️ Strong Dz confluence at current levels (EMA + previous support)
➡️ FMCG sector is also expected to bounce back
➡️ Multiple failed attempts at highs created strong resistance
➡️ Market volatility impacting price action significantly
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 What's your view on FMCG stocks? Share below! ✌️🔥 Happy Trading!✅🚀
Trade aktif
Price Tried to hold the zone but failed, overview changed.
Anubrata Ray ⚡
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Anubrata Ray ⚡
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.