If we assume that the movement between May 23 and May 25 was abnormal and manipulated and remove it from the equation, we can observe a very well-defined ascending channel that is close to being broken. The next relevant support is the previous highs around the 23,475 area.
Trade idea:
Short: 24000
Stop-Loss: 24450
Take-Profit: 23475
RR: 1.17 / 1
Trade idea:
Short: 24000
Stop-Loss: 24450
Take-Profit: 23475
RR: 1.17 / 1
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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.