KSE 100 Update 1H TF
Current Situation
KSE 100 remains range-bound between immediate resistance at 122,870 and immediate support at 121,820. The index couldn't break out above the resistance and neither continued its pullback to the all-time high breakout level of 120,800.
Future Possibilities
Two scenarios exist:
1. *Breakout and Upside Movement*: KSE 100 breaks above the immediate resistance level and continues its upward trajectory towards long-term targets, potentially reaching 138,300.
2. *Pullback and Retest*: The index completes its pullback and retests the breakout level.
These possibilities will guide the index's next movement.
Current Situation
KSE 100 remains range-bound between immediate resistance at 122,870 and immediate support at 121,820. The index couldn't break out above the resistance and neither continued its pullback to the all-time high breakout level of 120,800.
Future Possibilities
Two scenarios exist:
1. *Breakout and Upside Movement*: KSE 100 breaks above the immediate resistance level and continues its upward trajectory towards long-term targets, potentially reaching 138,300.
2. *Pullback and Retest*: The index completes its pullback and retests the breakout level.
These possibilities will guide the index's next movement.
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.