On the daily chart , there exists a Bearish FVG created on 18th July 2024 , which occurred before the rapid selloff this index.
Price has moved steadily up from the low of 30,364 and is within the 3rd quartile of the range pressing to break 40,000.
A long opportunity may exist from the range midpoint , targeting the upper quartile of 40.200 - 41,200 , which is confluent to the Bearish FVG.
Price has moved steadily up from the low of 30,364 and is within the 3rd quartile of the range pressing to break 40,000.
A long opportunity may exist from the range midpoint , targeting the upper quartile of 40.200 - 41,200 , which is confluent to the Bearish FVG.
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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.