It is been observed that the index is making lower lows and highs, indicating bearishness. It is also to note that the price action is going forward downside to fill up the gap that was created on hourly chart. That shall clear discrepancy and make buyers come back in the game again.
Trade closed: target reached
Target 1 reached. Book partial profits
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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.