Resistance: Around $145 - $148 (red zone), where price might be rejected.
Support: Around $135 (green zone), the next key area for a potential drop.
Trading Plan:
Short: Enter if price gets rejected at $145.
Target: Aim for $135.
Stop Loss: Above $148 for safety.
This is a straightforward approach based on current levels and potential price action.
Support: Around $135 (green zone), the next key area for a potential drop.
Trading Plan:
Short: Enter if price gets rejected at $145.
Target: Aim for $135.
Stop Loss: Above $148 for safety.
This is a straightforward approach based on current levels and potential price action.
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.
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.