Remember our publication yesterday, calling that we might be getting closer to the edge of the cliff? Well, we are there today.
We bounded off from this location because of the parallel channel formation. However, this certainly does not mean that we are on the right track.
If channel is broken - we will be eyeing the following levels:
- 53K
- 50K
- 43K
We bounded off from this location because of the parallel channel formation. However, this certainly does not mean that we are on the right track.
If channel is broken - we will be eyeing the following levels:
- 53K
- 50K
- 43K
Note
Trade closed: target reached
Short term correction of 52-53k target has been hit. Eyeing target 2 for further pullback.
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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.
Related publications
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.