NEPSE UPDATE

Disclaimer:

We do not recommend the use of technical analysis as a sole means of trading decisions. We do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

Well, some people want me to say the lower targets. First of all, I am not a magician. Second, I don’t have the Crystal ball, third, I do react based on price action, not on imaginary levels or based on people’s expectation.

As of today, price is heading towards lower EQ to untapped liquidity levels. If these area doesn’t hold, price may revisit towards 2019-1980. Respecting these levels should make some relief bounce.

Don’t be too salty in the market. Learn to react based on price action. Keep your sentiment out of it and react based on how price action develops from these areas. 💚

By: SUMANTHAPA
(Tactical Analyst, SharePati.com

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