Price is consolidating between PD High and PD Low after a recovery from the recent drop. No clear direction yet as market is ranging.
Key Levels:
PD High – 3315: Acting as resistance
PD Low – 3267: Acting as support
Current Price – 3290
Trade Ideas:
Sell if price rejects 3305 again, targeting 3265
Buy only on breakout and retest above 3305
Avoid trading inside 3275–3295 unless a clean setup forms
Bias: Neutral for now. Let price come to the edges and show a clear reaction.
Key Levels:
PD High – 3315: Acting as resistance
PD Low – 3267: Acting as support
Current Price – 3290
Trade Ideas:
Sell if price rejects 3305 again, targeting 3265
Buy only on breakout and retest above 3305
Avoid trading inside 3275–3295 unless a clean setup forms
Bias: Neutral for now. Let price come to the edges and show a clear reaction.
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.