In the daily time frame, the price has formed a rounding bottom pattern. In the weekly time frame, the price has formed an inverted head and shoulders pattern. Both are bullish patterns.
As long as the price is sustained above 1200, bulls have the chance to move the price up.
Price can bounce from the level 1230 - 1245.
If price shows bearish strength from the current levels and falls down, buy above 1240 with the stop loss of 1222 for the targets 1258, 1276, 1294 and 1312.
If the price opens flat and shows bullish strength, buy above 1260 with the stop loss of 1244 for the targets 1274, 1288, 1304 and 1318.
Always do your analysis before taking any trade.
As long as the price is sustained above 1200, bulls have the chance to move the price up.
Price can bounce from the level 1230 - 1245.
If price shows bearish strength from the current levels and falls down, buy above 1240 with the stop loss of 1222 for the targets 1258, 1276, 1294 and 1312.
If the price opens flat and shows bullish strength, buy above 1260 with the stop loss of 1244 for the targets 1274, 1288, 1304 and 1318.
Always do your analysis before taking any trade.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
