The price is bouncing from hourly support. Not so strong but given the condition, I think it can produce desired bounce for a long trade. The target for this long is 29878.
Trade closed: target reached
The price bounced from that support and then dipped again to that support and then bounced only to reach the target and beyond. This concludes this trade.If you like the content and find value in the posted analysis, please give a like and if you want to get notified about any new idea posted, please follow this account. I also share ideas on twitter, so if you want to tune to that, please check my twitter account: twitter.com/angela_altair
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.