✏️The price reaction at 3348 forms a sustainable bearish structure. 3296 is an important zone when broken, it will continue to fall deeply without any recovery on Friday.
Today the downtrend will encounter less resistance than the uptrend. Therefore, it is not difficult to touch the support zones of 3278 and 3255.
Any recovery in the price in the European session is considered a good opportunity for a Sell signal towards the target of 3278 and 3255.
As analyzed, the SELL zone today is noted at many resistance zones and consider the price reaction for the SELL signals.
📈 Key Levels
Break out: 3296
Support: 3278-3255
Resistance: 3300-3312-3325-3336-3348-3363
📊 Recommended Trade Setups
BUY 3278-3276 SL 3272
SELL 3325-3327 SL 3330
Today the downtrend will encounter less resistance than the uptrend. Therefore, it is not difficult to touch the support zones of 3278 and 3255.
Any recovery in the price in the European session is considered a good opportunity for a Sell signal towards the target of 3278 and 3255.
As analyzed, the SELL zone today is noted at many resistance zones and consider the price reaction for the SELL signals.
📈 Key Levels
Break out: 3296
Support: 3278-3255
Resistance: 3300-3312-3325-3336-3348-3363
📊 Recommended Trade Setups
BUY 3278-3276 SL 3272
SELL 3325-3327 SL 3330
Trade closed: target reached
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☘️My Telegram Channel: t.me/VHTraderFX
Join me to get Trading signals, Trading knowledge for investors
Join me to get Trading signals, Trading knowledge for investors
Related publications
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.