๐น Trend Analysis:
๐ The chart shows a downtrend followed by a reversal attempt.
๐ The price bounced off a support zone and is moving upwards.
๐น Indicators:
๐ The 9-period DEMA (83,805.38) is slightly above the current price, acting as a resistance level.
๐น Trade Setup:
๐ข Entry Zone: Around 82,943 (Current Price)
๐ด Stop-Loss: 81,183.22 โ (Below support level)
๐ฏ Target Point: 85,563.52 โ (Upper resistance level)
๐ต Strategy: The trade anticipates a price dip before
๐ The chart shows a downtrend followed by a reversal attempt.
๐ The price bounced off a support zone and is moving upwards.
๐น Indicators:
๐ The 9-period DEMA (83,805.38) is slightly above the current price, acting as a resistance level.
๐น Trade Setup:
๐ข Entry Zone: Around 82,943 (Current Price)
๐ด Stop-Loss: 81,183.22 โ (Below support level)
๐ฏ Target Point: 85,563.52 โ (Upper resistance level)
๐ต Strategy: The trade anticipates a price dip before
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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.