I would place my bids from 7750 to 7200 scaled in increasing order and long here, has good risk/reward
That falling wedge, order blocks, fibs, over bearishness in market etc. aligns together for a short term bounce here
Might add more if it dips to 6800-7000
That falling wedge, order blocks, fibs, over bearishness in market etc. aligns together for a short term bounce here
Might add more if it dips to 6800-7000
Note
Target 1 reached : 8-8.1kNote
Although, this chop chop can go either wayResistance at 8.1-8.2
Support at 7.2-7.5 and then 6.7-6.8
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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.