Price is currently testing the descending trendline and a key demand zone after a short-term selloff. Entry taken at a possible liquidity grab with bullish intent, targeting a breakout above the trendline. If rejection continues, a drop towards the lower liquidity area near 22,060 is likely. Watching for confirmation on the next 1–2 candles.
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.