Opens Gap up @ 17679 (Prev close: 17604).
Closed near its low-forming Bear Candle.
Took Resistance at previous Falling Gap.
RSI @ 59.75
Price Action expectation Tomorrow
Price may open a gap up or gap down.
If opens a gap up, will be an opportunity to short.
If opens Gap down, one needs to wait for the first 15 min price action, and act accordingly, though the structure is looking weak, I would most likely be looking to short if any short- setup develops.
Immediate Support at 17370 - 17320
Immediate Resistance at 17615-17630
Closed near its low-forming Bear Candle.
Took Resistance at previous Falling Gap.
RSI @ 59.75
Price Action expectation Tomorrow
Price may open a gap up or gap down.
If opens a gap up, will be an opportunity to short.
If opens Gap down, one needs to wait for the first 15 min price action, and act accordingly, though the structure is looking weak, I would most likely be looking to short if any short- setup develops.
Immediate Support at 17370 - 17320
Immediate Resistance at 17615-17630
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.
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.