Last trade idea was fulfilled and went into the downside. Targeted 3250. If this 3250 major support area breaks down, we can expect a bigger downside move.
However, there’s a huge buying that happened at that level. It may first have a pullback upwards before it continues its decline. RSI is also at oversold level.
Bullish reversal can be confirmed if 3350 gets broken.
However, there’s a huge buying that happened at that level. It may first have a pullback upwards before it continues its decline. RSI is also at oversold level.
Bullish reversal can be confirmed if 3350 gets broken.
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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.
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.