Trade Idea
Duration: Intraday
Expires: 12/08/2025 06:00
Technical Overview
Key Technical Levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
- Type: Buy Limit
- Entry: 9070
- Target: 9178
- Stop Loss: 9027
Duration: Intraday
Expires: 12/08/2025 06:00
Technical Overview
- Price action is forming a bottom, suggesting potential bullish reversal.
- Bias remains for higher levels, with dips expected to be limited.
- Hourly chart indicates possible short-term downside before uptrend resumes.
- Preferred approach is to fade into dips with a tight stop to capture the expected rebound.
Key Technical Levels
- Resistance: 9290 / 9485 / 9770
- Support: 8915 / 8620 / 8390
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.