In this time frame the price is moving in a descending channel.
If it can reject the support range of 2791, we will see further downgrades to the 2717 range.
Otherwise the price after cross the channel ceiling failure should go towards its 0.5 and 0.618 Fibonacci range.
Support Range: 2791- 2760 to 2717
Resistance range: 2858- 2900 - 2967
GOODLUCK
SANAM
If it can reject the support range of 2791, we will see further downgrades to the 2717 range.
Otherwise the price after cross the channel ceiling failure should go towards its 0.5 and 0.618 Fibonacci range.
Support Range: 2791- 2760 to 2717
Resistance range: 2858- 2900 - 2967
GOODLUCK
SANAM
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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.
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.