Bullish indications:
Major support since 2021 is respected and bouncing from it.
In short time made a high
Inverted head and shoulder pattern
Moving average 20 respected.
getting respected from the trend line support.
Formation of inverted head and shoulder in 5 min chart from trend line support
Bearish indications:
Trend line resistance respected at 72.126
Trade plan bias long @ 71.29
SL:70.09
TP1:72.65
TP2:73.87
Major support since 2021 is respected and bouncing from it.
In short time made a high
Inverted head and shoulder pattern
Moving average 20 respected.
getting respected from the trend line support.
Formation of inverted head and shoulder in 5 min chart from trend line support
Bearish indications:
Trend line resistance respected at 72.126
Trade plan bias long @ 71.29
SL:70.09
TP1:72.65
TP2:73.87
Note
SL HIT
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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.
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.