The initial long entry zone is between 3290 and 3275.
From this range, an uptrend is expected to begin, targeting 3416, which is our first exit point to close the initial long position.
After that, we wait for the next long entry, ideally around 3333 to 3319. A new upward movement from this range is expected to reach 3455. At this level, we continue to hold the position while placing the stop loss at the entry level to protect profits.
The next take profit target is 3650, which may be reached by the end of 2025 or in 2026.
The final target is 3982, which is likely to be hit in 2026, as the market may not have enough strength to reach it in 2025.
From this range, an uptrend is expected to begin, targeting 3416, which is our first exit point to close the initial long position.
After that, we wait for the next long entry, ideally around 3333 to 3319. A new upward movement from this range is expected to reach 3455. At this level, we continue to hold the position while placing the stop loss at the entry level to protect profits.
The next take profit target is 3650, which may be reached by the end of 2025 or in 2026.
The final target is 3982, which is likely to be hit in 2026, as the market may not have enough strength to reach it in 2025.
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.