Support Levels:
8,675 (Major Support)
9,025 (Minor Support, currently being tested)
Resistance Levels:
9,300 (Nearest Resistance)
9,525 (Next Resistance)
9,850 (Main Resistance in the Short Term)
Trading Plan
1. Buy Area (Entry Point):
Aggressive Buy: 9,025 – 9,100 with a target of 9,300 – 9,525.
Conservative Buy: 8,675 if the price breaks down from 9,025.
2. Sell Area (Take Profit):
TP1: 9,300 (first resistance)
TP2: 9,525 (second resistance)
TP3: 9,850 (if the trend starts turning bullish)
3. Stop Loss (SL):
If the price drops below 8,900, exit to minimize risk.
8,675 (Major Support)
9,025 (Minor Support, currently being tested)
Resistance Levels:
9,300 (Nearest Resistance)
9,525 (Next Resistance)
9,850 (Main Resistance in the Short Term)
Trading Plan
1. Buy Area (Entry Point):
Aggressive Buy: 9,025 – 9,100 with a target of 9,300 – 9,525.
Conservative Buy: 8,675 if the price breaks down from 9,025.
2. Sell Area (Take Profit):
TP1: 9,300 (first resistance)
TP2: 9,525 (second resistance)
TP3: 9,850 (if the trend starts turning bullish)
3. Stop Loss (SL):
If the price drops below 8,900, exit to minimize risk.
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.