The price is trading inside the 4h support turned resistance and it seems it is likely to go beyond it towards the next resistance zone sitting around 27636. Lets try this long with the target of next 4h resistance.
Note
The price moved upward towards the target after the entry but then fell back down breaching through the 4h support. Got stopped out at break even. Missed to close half the size on half the target move which usually I follow but for this target I was a bit more confident.
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.
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.