Price Decline Signals Downtrend Bullish Reversal Needs Stability
Technical Outlook:
The price has declined from 42,080. As long as it remains below this level, it is likely to continue its descent towards 41,950 and 41,770. If it falls further, it could reach 41,570.
For a bullish scenario, stabilization above 42,090 is necessary to target 42,190 and subsequently 42,300.
Key Levels:
Pivot Point: 42080
Resistance Levels: 42190, 42300, 42450
Support Levels: 41960, 41770, 41570
Trend Outlook:
Bearish while under 42080
Bullish above 42090
The price has declined from 42,080. As long as it remains below this level, it is likely to continue its descent towards 41,950 and 41,770. If it falls further, it could reach 41,570.
For a bullish scenario, stabilization above 42,090 is necessary to target 42,190 and subsequently 42,300.
Key Levels:
Pivot Point: 42080
Resistance Levels: 42190, 42300, 42450
Support Levels: 41960, 41770, 41570
Trend Outlook:
Bearish while under 42080
Bullish above 42090
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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.