Key level to watch is 3976. If buyers push the price aggressively to this level, consider going long.
By analyzing the daily chart, the current trend appears to be consolidation, and the price seems to favor staying at the edge of consolidation. The key level to watch is 3912. If the price significantly rejects this level, consider going long.
5min intraday trading 1.3968 is a key level to watch. If the price consolidates at this level, may plan for a long setup. 2.The condition is reset when the price hits 3935.
1.3925 is the key level to watch. If sellers aggressively push the price to this level, plan for a short setup. 2. The condition resets when the price hits 3979.
5-Minute Intraday Trading: 1.The key level to watch is 3912. If the price breaks this level significantly, consider going long. 2.The condition resets when the price hits 3869.
1. Next key level to watch is 3804. If price consolidate at this zone, may plan for short setup. 2. Condition is reset when price hit 3884
5min is my trading timeframe. 1. 3868 is the key level to watch. I need to see seller reject heavily from this zone, then only plan for short setup. 2. Condition is reset when price hit 3910.
5 minutes is my trading timeframe. 1.Key levels to watch are 3877; if the price consolidates there, I may look for a short setup. 2.The condition is reset when the price hits 3920.
1.The key level to watch is 3937. I anticipate that the price will consolidate there and will look for a long setup there. 2.Condition is reset when the price hits 3884
1. Key level to watch are 3923 & 3976. Plan 1, I would like to see price reject quickly at level 3923. Plan 2, I would like to see price consolidate at level 3976. 2. Bullish condition is reset when price hit 3900
1.Referring to the analysis dated 7th August 2023, my bias was neutral. However, my bias has now shifted from neutral to bearish. The reasons are that the current rising trend is still trapped in a major downtrend. It is less likely that the price is experiencing a V-bottom reversal unless the major downtrend exhibits some kind of parabolic behavior. In this case,...
Intraday trading, 5min is my trading timeframe. 1. 3885 is the key level to watch, I would expect price consolidate at this level and then plan for long setup. 2. My bias is reset when price hit 3910 or 3853.
Intraday trading - 5 minutes is my trading timeframe. 1.By analyzing the 1-hour timeframe, its major trend is pointing up, indicating that buyers are in control. 2.The bullish condition is reset when the price hits 3855. 3.Key levels to watch are 3902. I would like to see the 5-minute price quickly reject this level to confirm that buyers are still interested in...
Intraday Trading - 5-Minute Chart 1.The range between yesterday's high and low was about 69 points. The rising price seems weak compared to the previous day. The environment is still choppy, which means buyers or sellers do not have major control of the market yet. A scalping strategy is suitable for this kind of environment. 2.The key levels to watch are around...
Intraday trading: My trading timeframe is 5 minutes. 1.Yesterday, the market rose 96 points from the market open, which is quite strong. However, it appears that buyers are losing their momentum, and may still trap into a bigger choppy environment, so only apply scalping strategy. 2.The key level to watch is 3692 & 3783. If the price falls aggressively to this...
Intraday trading. 5 minutes is my trading timeframe. 1.Buyers and sellers is balance because the price is very quiet. This type of environment is challenging to trade. Be cautious of a potential price burst on either side. 2. Key levels to watch are 3780 & 3640. I need to see the price approaches either of these levels aggressively, or else condition is reset....
Intraday trading, 5min is my trading timeframe. 1.Currently, my bias is neutral. There are no clear signs indicating whether the buyers or sellers are in control. It might be a suitable situation to consider applying scalping techniques. 2.There are two key levels to watch: 3800 and 3640. If the price opens strongly and reaches 3800, consider applying a long...
Intra-day trading, 5min is the trading timeframe. 1. My bias leans towards bearish. The 1-hour timeframe shows a strong major downtrend. Price correction provides relief from the overextension of the major downtrend. 2. Bearish condition is reset when price hit 3796 or 3697. 3. 3741 is the key level to watch for setup.