Weekly Chart
Daily Chart
Back into the range after breaking down last week and showing promise of some direction even if it was the downward direction.The weekly candle is a shooting star which is a bearish candle.Alternatively, it could be a hammer, a bullish candle, at the strong support of 1429.Sadly we have to wait for today's candle to tell us which one it is.
Oscillators showing waning upward momentum point to a shooting star.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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