After breaking out of the consolidation pattern on the intraday charts, this market has its sights set on the 11107.33 resistance level.
As the daily chart shows this is a clear price flip level that could now look to act as a resistance level.
If price can rotate higher back into this level, then it looks a high probability level to look for potential short trades
Thanks for your like and support....
As the daily chart shows this is a clear price flip level that could now look to act as a resistance level.
If price can rotate higher back into this level, then it looks a high probability level to look for potential short trades
Thanks for your like and support....
Trade closed: target reached
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Related publications
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.