Price is currently breaking above the key resistance zone around 3020, which has acted as a strong supply area in the past. A clean close above this level could open up bullish momentum towards the next target zone around 3030-3031.
However, failure to hold above 3020 could trigger a pullback or a potential sell-off back towards the 3002-2989 demand area.
Plan:
Potential Buys: Above 3020 closure confirmation
Potential Sells: Below 3002 closure confirmation
Watch price action closely around these levels for confirmation.
However, failure to hold above 3020 could trigger a pullback or a potential sell-off back towards the 3002-2989 demand area.
Plan:
Potential Buys: Above 3020 closure confirmation
Potential Sells: Below 3002 closure confirmation
Watch price action closely around these levels for confirmation.
Trade closed: target reached
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.