Today we have an inverted Hammer candle. The price is trading in the compression zone. The probability on the down side is more than 50%. CMP-128.05 The price could test the levels of 123.50 And if reversed then the level of 131.55 is important.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.