Price went down and hit a previously marked level at 11083.6 and bounced. However I believe there is still strong selling pressure and the trend will continue to the downside.
There is another high volume area waiting below at 10996.5, Confluence here as this area was the volume point of control on the 10th April.
Usually would trade this as a buy when the level is reached, but I have the confidence that this will continue to drop, so selling down to this level.
There is another high volume area waiting below at 10996.5, Confluence here as this area was the volume point of control on the 10th April.
Usually would trade this as a buy when the level is reached, but I have the confidence that this will continue to drop, so selling down to this level.
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