It seems 2800 which was resistance before is now support with a possibility that a fair price is somewhere around it. The 2840 as resistance . Hence from the Renko chart I expect the market travelling into a correction phase and to the following levels
Resistance levels:
2840
2828
2817
Support levels:
2804
2796
2784
2771
Resistance levels:
2840
2828
2817
Support levels:
2804
2796
2784
2771
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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.