๐ป Bearish Market Outlook โ Key Levels to Watch! ๐
The market is showing strong bearish momentum, and hereโs my updated support & resistance levels for the next move. ๐จ
๐ Key Support & Resistance Levels
๐ Support Levels:
๐ธ 1st Support: 95,943
๐ธ 2nd Support: 95,347
๐ธ 3rd Support: 94,231
๐ Resistance Levels:
๐น 1st Resistance: 98,301
๐น 2nd Resistance: 98,250
๐น 3rd Resistance: 99,146
๐ Market Analysis & Price Prediction
๐ป Trend: Bearish
๐ The price is likely to test 95,943 as the next support level.
๐ If broken, we might see further downside towards 95,347 and 94,231.
๐ Any bounce back will face strong resistance at 98,301 & 98,250, which could act as a selling zone.
๐ Trading Plan
๐น Short Entry: Below 96,000
๐ฏ Target: 95,347 โ 94,231
๐ Stop-Loss: Above 98,250
โ ๏ธ Risk Warning: Always use proper risk management and stop-loss strategies.
๐ฌ Do you agree with this bearish outlook? Comment below with your views! ๐
#TradingView #MarketAnalysis #Forex #Crypto #StockMarket #BearishTrend #SupportResistance
This post provides clear analysis, trading strategy, and encourages engagement on TradingView. ๐
The market is showing strong bearish momentum, and hereโs my updated support & resistance levels for the next move. ๐จ
๐ Key Support & Resistance Levels
๐ Support Levels:
๐ธ 1st Support: 95,943
๐ธ 2nd Support: 95,347
๐ธ 3rd Support: 94,231
๐ Resistance Levels:
๐น 1st Resistance: 98,301
๐น 2nd Resistance: 98,250
๐น 3rd Resistance: 99,146
๐ Market Analysis & Price Prediction
๐ป Trend: Bearish
๐ The price is likely to test 95,943 as the next support level.
๐ If broken, we might see further downside towards 95,347 and 94,231.
๐ Any bounce back will face strong resistance at 98,301 & 98,250, which could act as a selling zone.
๐ Trading Plan
๐น Short Entry: Below 96,000
๐ฏ Target: 95,347 โ 94,231
๐ Stop-Loss: Above 98,250
โ ๏ธ Risk Warning: Always use proper risk management and stop-loss strategies.
๐ฌ Do you agree with this bearish outlook? Comment below with your views! ๐
#TradingView #MarketAnalysis #Forex #Crypto #StockMarket #BearishTrend #SupportResistance
This post provides clear analysis, trading strategy, and encourages engagement on TradingView. ๐
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.
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.