The prices close to the support area. We are expecting the price to retest the support and hit our entries at 159.15 and 156.20.
It looks like the price is in the well defined down trend. Therefore, our first target for this long position is at the downsloping resistance and our final target would be at the upper boundary of the range which should be acting as a strong resistance.
It looks like the price is in the well defined down trend. Therefore, our first target for this long position is at the downsloping resistance and our final target would be at the upper boundary of the range which should be acting as a strong resistance.
Trade active
2 entries reached. Expecting the bounce from the support nowTrade closed manually
Support failed. probably more downside on this one
💥 Free signals and ideas ➡ t.me/vfinvestment
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💥 Free signals and ideas ➡ t.me/vfinvestment
Related publications
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.