* 4H
The $25200-$25300 range is a strong support section.
This section continues to be supported, and it seems possible to rebound in the short term.
The TP for a rebound can be set at two places.
Note
TP1 reached.
It's up about $650
Note
After reaching TP1, the decline came near the August low, which rebounded quickly and returned above $25200.
The rebound scenario is still valid.
Note
It has fallen as expected by the arrow and is rising again.
Note
Still in progress
Trade closed: target reached
TP2 reached.
up more than $1650.
Note
After reaching all TPs, it dropped more than $600 along the arrow.
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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.
Related publications
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.