It is been observed on hourly chart that the price action is facing a strong resistance or selling at 177 levels, indicating sellers aggressive selloff. Now it shall further come down to previous support levels that may also cover the previous gap up phase.
Target: 162
Stoploss: 179
Risk Reward: 1:1
Target: 162
Stoploss: 179
Risk Reward: 1:1
Trade active
Trade closed: target reached
Target reached successfully, Regards
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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.