sharing this chart for education purpose,
many traders make wrong decision so try to understand chart first.
check also update comments box
if any questions plz pm me,
good work, i like your use of horizontal pivots showing clear supply/demand levels; your selling indicators are clear but as you advise to wait for a strong buy confirmation, I would like to more information on what the confirmation would be for you; as well as providing upside targets; I think your pivots would make good targets for staggering. However, in determining your strong buy confirmation, I would advise that 45.60 was a strong weekly inflection from 2009 that is still significant, on the August (front month) futures contract, 45.60 was also a weekly demand level that was crossed below. I believe we will see heavy selling in the 45.4-45.9 zone. Regarding the IHS, I see more potential case for a HS pattern on the monthly chart. Good work and good trading to you.
Ranadasjoy smitheric1970
@smitheric1970, good every trades view not same, you are right but wait and what happen.
I can't understand your chart please write details how its work tell details like icm auto chartist
Ranadasjoy Shahanur
@Shahanur, first learn basic please its not possible to write all chart details here. already share market view
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