Summery :- Today Market was in the down trend after giving a gap up opening market shown a very strong bearish momentum according to my technical analysis there was a trend in market which broke out today and because of that market has shown a strong bearish trend today
As you can see in the chart above after the breakout market has show a very good bearish movement its, it was already in bearish momentum but after the breakout we got the conformation of that today we can take trade at bearish site and it also broke the 50EMA and whenever a 50 EMA is broken their is a high probability it going to hit 200EMA and as the 50EMA broken we got double conformation of the momentum.
That was for today if you guys have any doubt you can ask me in the comment box or you can also DM me on the Instagram. ThankYou! & Keep Trading.
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