We saw a good oversold bounce from 7100 . It was oversold both in smaller and larger TF'S but the bounce still lacks volume.
My target is still 6700. It touched back the resistance line @ 7400 .
If it passes through 7100 , 6700 is the next stop and if that breaks it confirms the trend change
1
My target is still 6700. It touched back the resistance line @ 7400 .
If it passes through 7100 , 6700 is the next stop and if that breaks it confirms the trend change
1
Note
looks like we did broke 7100Note
the only concern i have now is that it might bounce again on oversold indicators like last night!.Note
just some oversold bounce. might pull back upto 72-7250 range. Look for short if you haven't yet from there.Trade closed: target reached
what a ride. but finally!-Trade closed: target reached
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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.