last day on Thursday market tried to form a new high but could go further high the liquidity was very low. currently to hit a new high above 112000 market should drop back to 106300. Currently there are only sell levels left to take while the buy areas cant be utilized as market has not formed any.
Technically the 112000 is resistance while the 110000 is the point that market need to break to drop below the range while the 108500 and 106300 are the support areas and also my targets. i have not set any target below 106300 because it is a strong point for buy and this is the position which pumped market to form new high.
The entry areas should be 111000 and 112000 while the targets are 108500 and 106300
Technically the 112000 is resistance while the 110000 is the point that market need to break to drop below the range while the 108500 and 106300 are the support areas and also my targets. i have not set any target below 106300 because it is a strong point for buy and this is the position which pumped market to form new high.
The entry areas should be 111000 and 112000 while the targets are 108500 and 106300
Trade active
Target 1 108500 reached. market dropped from our entry area 111500 to 108500Trade closed: target reached
target reached. will publish an updated idea soon 
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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.