The price tends to fall below 1850 in one hour time.
- Opening a position in these areas is considered risky.
- The best place to enter a long position is after the price hits the important level of 1800 and it is supported after the collision.
- If the 1800 area is lost, the next important area is 1735.
Trade closed: target reached
The 1735 level mentioned in the previous analysis worked well.
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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.