As we can see that price is approaching our key level where 2 scenarios could happen. Scenario 1 is the rejection of that level and bounce from it pushing targeting 22,000-22,500. Then the other scenario is price would break below that key level and retest it to target 17,500.
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.