Just a few issues stand out:
1. There are a number of purple candles forming after a failed upward transfer, which reveals promoting strain.
2. The Parabolic SAR dots are above the value, indicating a bearish pattern.
3. The value has dropped under the purple transferring common line, which provides to the bearish affirmation.
4. RSI is round 46.28, which is under 50 and nonetheless has room to drop earlier than reaching the oversold degree.
Primarily based on this, the market is exhibiting indicators of constant downward motion.
Right here’s a easy suggestion:
✅A promote entry might be thought of round 3205 to 3210.
✅You may intention for targets like 3185 as the primary degree, and 3170 if the pattern continues.
✅It might be sensible to maintain a cease loss round 3215, which is simply above the latest swing excessive.
