You can see that after June 30, the market is trending downwards, creating lower lows on the 1-hour chart. Our first target of 25225 has been achieved in the market. The second target will be 25116. There is a support zone visible in the market from 25056 to 25115. The market will attempt to reverse from here. If the market tries to fill the gap created on June 24, it may also try to fill the gap from June 23. Then our target liquidity zone will be 24824.
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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.