375 was the breakout on 19-Jun-26
It sustained and spent 8 days at 391
It made a new high at 410 but just spent 2 days and cam crashing down even breaching 391 it came down to 384 level
It bouncend back to 400 level and sustained there for 8 days again before making a new high of 411
however it came crashing down in 2 days back to 384
Now the late bulls who tried to enter above the 410 breakout are in a state of panic. They will bail out from their positions once price returns to near 400,
New short sellers are likely to enter near these levels (399 to 404) keeping SL at 406 the first target can be 391 (prev 8 days consolidation)
It may start falling further to 386 and 376 levels
View is "Sell on Rise"
It sustained and spent 8 days at 391
It made a new high at 410 but just spent 2 days and cam crashing down even breaching 391 it came down to 384 level
It bouncend back to 400 level and sustained there for 8 days again before making a new high of 411
however it came crashing down in 2 days back to 384
Now the late bulls who tried to enter above the 410 breakout are in a state of panic. They will bail out from their positions once price returns to near 400,
New short sellers are likely to enter near these levels (399 to 404) keeping SL at 406 the first target can be 391 (prev 8 days consolidation)
It may start falling further to 386 and 376 levels
View is "Sell on Rise"
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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.