The price is trading at support level. I think the price will head higher from this support level. The target would be the next 4h resistance around 27166 area.
Trade closed: target reached
The price reached the target resistance zone and at first rejected. However, the price has now moved beyond that resistance and current getting pushed back from 27790 level. Lets watch it for a while and then identify a new setup.
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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.