It is been observed on the hourly and daily chart that the price action reached to the support zone of 9910-9920 which is indicating buyers coming back and shall bounce back from the current support zone.
Once the support zone is intact and we don't see a close below it then it is indicating that buyers in control and shall pick up the markets again.
Target 1 - 9960
Target 2- 10000
Stoploss - 9890
Once the support zone is intact and we don't see a close below it then it is indicating that buyers in control and shall pick up the markets again.
Target 1 - 9960
Target 2- 10000
Stoploss - 9890
Trade active
Trade closed: target reached
Target 1 reached successfully.
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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.