At a daily timeframe there is double bottom neckline pattern.
if the neckline breaks, the bull in the market will get stronger.
The daily and weekly support looks strong.
Disclaimer : The CMP is at the monthly strong resistance so trade with tight SL.
if the neckline breaks, the bull in the market will get stronger.
The daily and weekly support looks strong.
Disclaimer : The CMP is at the monthly strong resistance so trade with tight SL.
Trade closed: stop reached
:-(
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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.