Yesterday’s impulse lit up the market and set a bullish tone.
Short-term, I’d like to see continuation — 83,588 is the nearest resistance. Break above it, and bulls could easily push toward 88,500.
On the downside, keep an eye on 77,649 and 74,508 — the origin of the impulse and weekly low. Key spots for bears to defend.
Stay locked in. Big moves often follow clean structure.
Short-term, I’d like to see continuation — 83,588 is the nearest resistance. Break above it, and bulls could easily push toward 88,500.
On the downside, keep an eye on 77,649 and 74,508 — the origin of the impulse and weekly low. Key spots for bears to defend.
Stay locked in. Big moves often follow clean structure.
Trade closed: target reached
Locked in 50% profits right at the resistance zone around 83,588 — clean move.Stop moved to breakeven to lock in gains.
Leaving the rest of the position open in case we get a clean breakout and push toward the next target at 88,500.
More thoughts in my profile @93balaclava
Personally I trade on a platform that offers low fees and strong execution. DM me if you're curious.
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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.