First, looking at daily closing and H4, i am expecting selling pressure as Asia session starts.
watch out for rebound on the area around 2605 - ensure to only enter if there is confirmation of buying based on chart pattern.
first support area : 2616
2nd support : 2605
max rebound area : 2597
remember to monitor lower TF as possibility to go further to 2597 is also there.
watch out for rebound on the area around 2605 - ensure to only enter if there is confirmation of buying based on chart pattern.
first support area : 2616
2nd support : 2605
max rebound area : 2597
remember to monitor lower TF as possibility to go further to 2597 is also there.
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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.