so there is unmitigated demand zone near 95700ish level i have marked that area with green box
wait for the price and check if the level is being respected and price is trying to form bullish condition or any green candlestick pattern
because news or anything else external can affect the technical analysis for its failure
and stop loss could be 93600-650 with target of 100,830 that comes around 2.5 risk to reward go easy with the size of trade
will update the idea further as price action forms nearby our level
wait for the price and check if the level is being respected and price is trying to form bullish condition or any green candlestick pattern
because news or anything else external can affect the technical analysis for its failure
and stop loss could be 93600-650 with target of 100,830 that comes around 2.5 risk to reward go easy with the size of trade
will update the idea further as price action forms nearby our level
Trade active
and already up by 2.2%
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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.
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.