Key Levels & Sniper Goals for Today
🔑 Key Levels for Today:
Resistance: 2590
This is the key level where I expect selling pressure to come into play. If the market reaches this point, it could face a rejection and potentially reverse downward. Keep a close eye on price action around this level.
Support: 2525
This is the level where I expect buying interest to come in. If the market tests this level, there could be a bounce or consolidation. It's an important point to watch for potential upward movement.
📉 Sniper Goals for Today:
First Sniper Goal: 2550
This is my first target for a potential trade. It’s a strong level to aim for, and if we see momentum in our favor, I expect the price to reach here with relative ease.
Second Sniper Goal: 2535
The second goal is a bit lower but still significant. It offers a solid point for potential profit-taking if the market starts moving downward from higher levels.
🔧 Important Note:
If the price touches or even tests the Resistance at 2590, it is likely to pull back. I expect the price to fall once it hits this level, so watch for signs of reversal before making any decisions.
Conclusion:
Today, I’m focusing on short-term trades with sniper goals at 2550 and 2535. I expect some downward movement if the market hits the Resistance level at 2590, but we could also see a bounce from Support at 2525. Be cautious, stay patient, and watch for price action to confirm these levels.
Resistance: 2590
This is the key level where I expect selling pressure to come into play. If the market reaches this point, it could face a rejection and potentially reverse downward. Keep a close eye on price action around this level.
Support: 2525
This is the level where I expect buying interest to come in. If the market tests this level, there could be a bounce or consolidation. It's an important point to watch for potential upward movement.
📉 Sniper Goals for Today:
First Sniper Goal: 2550
This is my first target for a potential trade. It’s a strong level to aim for, and if we see momentum in our favor, I expect the price to reach here with relative ease.
Second Sniper Goal: 2535
The second goal is a bit lower but still significant. It offers a solid point for potential profit-taking if the market starts moving downward from higher levels.
🔧 Important Note:
If the price touches or even tests the Resistance at 2590, it is likely to pull back. I expect the price to fall once it hits this level, so watch for signs of reversal before making any decisions.
Conclusion:
Today, I’m focusing on short-term trades with sniper goals at 2550 and 2535. I expect some downward movement if the market hits the Resistance level at 2590, but we could also see a bounce from Support at 2525. Be cautious, stay patient, and watch for price action to confirm these levels.
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.
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.