Support and resistance trading strategy The most common trading strategy using support and resistance levels is buying (going long) when the price is closing in on the support level and selling (going short) when the price is moving closer to the resistance level.
2500 resistance if break then bullish till target
2200 is support bouncing area
2500 resistance if break then bullish till target
2200 is support bouncing area
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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.