*The price action has formed an ascending triangle, which is a bullish continuation pattern. This indicates a potential breakout to the upside.
*safe Entry Level: Marked around 3,137.36, suggesting a confirmation point for entering a long position after a breakout.
*Target Level: Around 3,173.90, which is the projected price move if the breakout occurs.
*Stop Loss (SL) Level: Around 3,107.47, placed below recent support to manage risk.
*RSI Indicator: The RSI (Relative Strength Index) is shown at the bottom, likely used to identify overbought or oversold conditions.
*safe Entry Level: Marked around 3,137.36, suggesting a confirmation point for entering a long position after a breakout.
*Target Level: Around 3,173.90, which is the projected price move if the breakout occurs.
*Stop Loss (SL) Level: Around 3,107.47, placed below recent support to manage risk.
*RSI Indicator: The RSI (Relative Strength Index) is shown at the bottom, likely used to identify overbought or oversold conditions.
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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.