this is a pure smc concept basically
the reason behind this idea is nothing but market structure the demand drawn is taken by using the weekly time frame
Market will never make easy moves , it has to generate orders so here new people investing in market will be temped to buy because all their sentiments are made like agar gira hai toh recover karega and 1-2 weeks of
greenary is more than enough for them to bring their money and make orders for institutional so we are ready to make a new big move but downside and then more probaly that we will recover a bit
the reason behind this idea is nothing but market structure the demand drawn is taken by using the weekly time frame
Market will never make easy moves , it has to generate orders so here new people investing in market will be temped to buy because all their sentiments are made like agar gira hai toh recover karega and 1-2 weeks of
greenary is more than enough for them to bring their money and make orders for institutional so we are ready to make a new big move but downside and then more probaly that we will recover a bit