2 possible setups.
if we break 1218.944, we enter long after pullback.
1218.944 would be an ideal price to enter short if 1 or 4 hr charts indicate strong resistance.
Expecting the price to continue its fall.
Next level to watch for is 1204.890
Once we break this level, expect a pull back, and then we short.
Possible long entry at 1208.108 but risky because of the downtrend.
TP1: 1195.067
TP2: 1180.590
TP3: 1122.974
if we break 1218.944, we enter long after pullback.
1218.944 would be an ideal price to enter short if 1 or 4 hr charts indicate strong resistance.
Expecting the price to continue its fall.
Next level to watch for is 1204.890
Once we break this level, expect a pull back, and then we short.
Possible long entry at 1208.108 but risky because of the downtrend.
TP1: 1195.067
TP2: 1180.590
TP3: 1122.974
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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.
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.