After the price declines from its peak, the initial correction begins and is currently progressing towards 514.62. From this level, we anticipate another decline, potentially breaking below 503.97. If the price remains beneath this zone, the bearish trend is expected to continue toward 486.41.
Conversely, if the price successfully breaks above 514.62, it will reactivate the bullish trend, moving toward the previous high resistance zone.
Tendency Keys: 503.97
Resistance Line: 514.62, 530.04, 538.82
Support Line: 503.97, 486.41, 471.30
Conversely, if the price successfully breaks above 514.62, it will reactivate the bullish trend, moving toward the previous high resistance zone.
Tendency Keys: 503.97
Resistance Line: 514.62, 530.04, 538.82
Support Line: 503.97, 486.41, 471.30
Trade active
According to my analysis, a break below this zone will lead to further decline.Trade closed: target reached
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.