In this time frame, we see the triangle pattern and strong resistance and support have been created.
If it can reject the resistance range of 2900, we expect the price to climb towards the 0.618 and 0.786 Fibonacci lines,
and if it can break the bottom of the triangle downwards, we will see the price fall to the support range of 2715.
Support Range: 2727 - 2762 - 2715
Resistance Range: 2936 - 2983 - 3042
GOOD LUCK
SANAM
If it can reject the resistance range of 2900, we expect the price to climb towards the 0.618 and 0.786 Fibonacci lines,
and if it can break the bottom of the triangle downwards, we will see the price fall to the support range of 2715.
Support Range: 2727 - 2762 - 2715
Resistance Range: 2936 - 2983 - 3042
GOOD LUCK
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.