JETS ETF has gapped down and fallen below its upward trendline. Price action is seeking a higher-low level to establish support.
Once the support level has been established, price could then reverse to seek out a lower-high level and establish resistance.
Resistance 3 area: 21.28 to 22.04
Resistance 2 area: 19.14 to 20.15
Resistance 1 area: 17.11 to 18.13
Support 1 area: 15.95 to 15.01
Support 2 area: 14.11 to 13.02
Support 3 area: 12.04 to 11.05
Once the support level has been established, price could then reverse to seek out a lower-high level and establish resistance.
Resistance 3 area: 21.28 to 22.04
Resistance 2 area: 19.14 to 20.15
Resistance 1 area: 17.11 to 18.13
Support 1 area: 15.95 to 15.01
Support 2 area: 14.11 to 13.02
Support 3 area: 12.04 to 11.05
Note
First set of Higher-Low and Lower-High prices confirmed.Trade closed: target reached
1st set of Support and Resistance targets completed.
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Follow Me on TradingView, Youtube, X, Instagram.
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All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
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.