2222 - Closed at 24 (03-08-2025)
Currently in Downtrend.
However, Bullish Divergence has
started appearing on Bigger tf.
Bearish ABCD pattern target seems to
be around 22 - 23 & it may reverse from
that point. But Confirmation will be
required before taking position. Otherwise,
Next possible Support level can be around 20 - 20.50.
Immediate Resistance seems to be around 25 - 26.
It needs to cross & sustain 29 to start its Uptrend.
Currently in Downtrend.
However, Bullish Divergence has
started appearing on Bigger tf.
Bearish ABCD pattern target seems to
be around 22 - 23 & it may reverse from
that point. But Confirmation will be
required before taking position. Otherwise,
Next possible Support level can be around 20 - 20.50.
Immediate Resistance seems to be around 25 - 26.
It needs to cross & sustain 29 to start its Uptrend.
MM - House of Technicals
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.
MM - House of Technicals
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.