On Friday we had major rejection at 17156-17216 which was previous selling zone.
Next if we trade below 17026 then one test 16500 is coming. Stops for shorts will be 17156. Support 16958-16870-16798-16556
Further weekly close below 17056 then we are heading towards much lower levels which I will update in next week analysis
Next if we trade below 17026 then one test 16500 is coming. Stops for shorts will be 17156. Support 16958-16870-16798-16556
Further weekly close below 17056 then we are heading towards much lower levels which I will update in next week analysis
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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.