Morning Star formation on Weekly TF which is
actually a positive sign.
However, sideways channel is there on Daily TF.
Crossing 12430 may lead it towards 12700 - 12780 initially
& then towards 13870 - 13997.
Also, 0.618 has been tested of the recent rally.
13211 is a Very Strong Resistance that if Crossed
& Sustained will expose New Highs towards
16500 & 17800.
actually a positive sign.
However, sideways channel is there on Daily TF.
Crossing 12430 may lead it towards 12700 - 12780 initially
& then towards 13870 - 13997.
Also, 0.618 has been tested of the recent rally.
13211 is a Very Strong Resistance that if Crossed
& Sustained will expose New Highs towards
16500 & 17800.
MM - House of Technicals
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.
MM - House of Technicals
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.