dear traders
as we can see mkt is consolidating in a channel
where 21800 is short term resistance
and assuming channels bottom is a support
so take take your trade accordingly
but in a 4 to 6 month perspective mkt still in a greatest bull rally
as we can see mkt is consolidating in a channel
where 21800 is short term resistance
and assuming channels bottom is a support
so take take your trade accordingly
but in a 4 to 6 month perspective mkt still in a greatest bull rally
Note
any two hourly continuous closing above 21800 is again a fresh buying setupNote
i am not a Certified registered analysistthis is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade
------------------------------------------------------
any related query allow me to answer
if this idea is use full
like and share also follow and comment your thought about this analysisam not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade
------------------------------------------------------
any related query allow me to answer
if this idea is use full
like and share also follow and comment your thought about this analysis
Note
again today mkt confirms that 21800 is a clear resistanceNote
price tested channels bottom line with 100% accuracy
Note
200 point profit from my channel lower lineNote
450 point profit from my channels lower lineNote
as market stable above all time high and also above resistance so upper level 22200 is visible for now
Note
650 point profit runningNote
from lower channel line
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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.