Generally, it’s in a bearish trend and below 200MA.
This ascending is just a correction to the previous supply area and a retest.
It’s below the red komo cloud and tested it with a candle and reflected down immediately.
The cloud represents support and resistance levels.
I sold it with 7100 SL
And 4TPs
TP1 6500
TP2 6200
TP3 6000
TP4 5800
This ascending is just a correction to the previous supply area and a retest.
It’s below the red komo cloud and tested it with a candle and reflected down immediately.
The cloud represents support and resistance levels.
I sold it with 7100 SL
And 4TPs
TP1 6500
TP2 6200
TP3 6000
TP4 5800
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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.