BIFI has indeed turned to a downtrend after losing the $2000 zone. The upcoming trend of BIFI is to fall to $1200 or even $1000. But at the $1500-1600 zone, the buying force might appear and bring a recovery to the $2000 zone.
đRED PLAN
â»ïžCondition : If 1-Day closes ABOVE 1500$ zone
đŽBuy : 1600 - 1500
đŽSell : 2000
đBLUE PLAN
â»ïžCondition : If 1-Day closes BELOW 1500$ zone
đ”Sell : 1500
đ”Buy : 1200 - 1000
âDetails
đ«Stoploss for Long : 10%
đ«Stoploss for Short : 5%
đRed Arrow : Main Direction as RED PLAN
đBlue Arrow : Back-Up Direction as BLUE PLAN
đ©Green zone : Support zone as BUY section
đ„Red zone : Resistance zone as SELL section