After putting a top around 23.90 Alice quickly came under aggressive profit taking. It is now breaching the falling wedge which is likely to halt bearish pressure and call upon some higher levels.
The major hurdle is likely to be around 11.80. However closing above and strong holding this region would invite buying interest that can take on next levels around 15 followed by 20. One can look to enter on any re-test of the lower zone or stronghold above 11.80 with SL below 9.30
The major hurdle is likely to be around 11.80. However closing above and strong holding this region would invite buying interest that can take on next levels around 15 followed by 20. One can look to enter on any re-test of the lower zone or stronghold above 11.80 with SL below 9.30
Disclaimer
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.
Disclaimer
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.