Last week's Scenario1 long on support of dotted trend line was good. Caution: long trap observed, do not chase long.
Possible scenarios: 1) Long if 31450 / 31864-32029 is supported 2) Short on rejection of solid trend line / 32546 3) if triangle formation observed there may be short opportunity
Price reaction levels Short on Test and Reject | Long on Test and Accept
32546 32029 31864 31450 30975 30406
Weekly: Low vol up bar close off high = minor weakness Daily: Low vol up bar close off high = weakness H4: Low vol narrow up bars + narrow close, followed by ave vol up bar + UT bar = weakness
Remember to like and follow if you find this useful.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.