Spike up has no gaping up candles inside and as it reach resistance band i mention in previous idea ,but count how gapping down happens in red resistance band.
Moved down to the bottom bolinger- this was target for the move from resistance band . Another opportunity to trimm short positions here.i can see how closing shorts here makes last two candles gap up on open below bolinger.they red but they gapping up and this corresponds with spike bottom on 1hr.
It’s good buying point by i will pass on this
I want to take time out for few hours.
As what next : big sell orders will placed in level around 23140-23300 level For the move to downside. And we move this down one more to 21850 level as target
Can you see the gapping down on 1hr chart that means broken resistance will become support now. Any up move will be sold from that level.