Drop started from 3000's and now on 2971. RSI, Parabolic SAR, Moving Average most of the main indicators are supporting the drop.
First target will be 2962 and if it breaks that support, next target would be 2939. In case of an upturn in chart, we should check if it can break 2974.
First target will be 2962 and if it breaks that support, next target would be 2939. In case of an upturn in chart, we should check if it can break 2974.
Trade closed: stop reached
Instead of breaking down the support line, value bounced back from the support and went to resistance fastly
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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.