The pair is personally for me in a range, and no significance in terms of direction. I wish to note, we are slightly on BUY side as fisher form provides some support to that view point. We have a trend line around 18.4000 that must be captured first, before I would feel more confident in seeing higher levels. The trend-line holding it, is in fact a S/H/S top formation, as I had mentioned some days back which may have an overall objective of 17.2300 area.
For now shirt-term strategy BUY 18.3000-18.3400 and hope for the break and take profit near 18.5350. I prefer to be side line though.
For now shirt-term strategy BUY 18.3000-18.3400 and hope for the break and take profit near 18.5350. I prefer to be side line though.
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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.