The 1-hour zones around 2320.0 and 2328.5 present potential reversal zones, while the 15-minute zones near 2300.0 and 2308.5 also offer reversal opportunities. However, given their proximity, it's advisable not to enter shorts at the top and longs at the bottom simultaneously. Instead, consider longing after the top level is breached and shorting after the bottom level is broken.
Take profit targets for long positions could be around 2343.5, while for short positions, they could be around 2286.5.
Take profit targets for long positions could be around 2343.5, while for short positions, they could be around 2286.5.
Note
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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.