🚨 ALERT 🚨
If today's candle closes below 59000 zone the bears will find a good reason to short the market ,..
Today is the first day of the month and 1D , 1W &1M candles shows some indecision and this might give us a trend continuation to the down side if today's candle closes below 59000 , 1w&1M candles shows us a bias to the down side because 1M has given us an engulfing pattern which might be followed by a "+1" red candle to confirm a down trend for the next few months .
Again if the market closes above 59000 this will give the bulls some hope because we might enter into a consolidation in our 4H chart which might be our last accumulation zone before the market move's up to a new all time high during the coming months..
For day traders 59000 & 60000 zone might be a strong zone to hold a consolidation before we experience a liquidity swap from one of the sides
#stayalert because at this point blowing your account is easy..
