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3 years ago
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Hi..
ReplyDeleteThe daily set up resembles the earlier one but the prices are yet to move to make new highs unlike the earlier time.
The "Higher time frame" of week & month's TA set up is not the same as last time.
Such a set up, though "UP" in the short term,still has a 2-possibility:
1. It is a new uptrend provided it holds 4900-4950 zone.
2. It is a relief rally targeting 5160 to 5225 zone.
Both the scenarios have the short term UP.