The price is currently in a bullish trend pushing towards the 82K level, where resistance is expected. Once the price reaches 82K, a decline towards the 78K level could occur, acting as support, followed by a further drop to 73K. The bearish trend will remain in play as long as the price stays below 86K, signaling that sellers remain dominant in the market.
However, if the price breaks above 86K and stabilizes there, it could indicate a shift in momentum, activating the bullish trend. A sustained move above 86K would clear the way for a target of 88K, with buyers likely taking control and pushing the price higher.
Tendency Keys: 82k
Resistance Line: 82k, 86k, 88k.
Support Line: 78k, 73k, 69k
However, if the price breaks above 86K and stabilizes there, it could indicate a shift in momentum, activating the bullish trend. A sustained move above 86K would clear the way for a target of 88K, with buyers likely taking control and pushing the price higher.
Tendency Keys: 82k
Resistance Line: 82k, 86k, 88k.
Support Line: 78k, 73k, 69k
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.