Short-Term Trades: Look for buying opportunities around the support level (56,940.8) but be cautious of the overall bearish trend.
Long-Term Perspective: Given the downward trendline, it might be wise to wait for a clear breakout above the resistance level (59,134.5) before considering long-term position
Long-Term Perspective: Given the downward trendline, it might be wise to wait for a clear breakout above the resistance level (59,134.5) before considering long-term position
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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.