Chart is self explanatory.
Upside:
Higher TL and Major TL drawn will act as a resistance.
Downside:
LTF candle(15M or 1H) Close below 56060-56080 with reasonable volume leads down trend(This point valid only if there is gap up)
Lower TL and Zone 55616- 55727 will act as a crucial support.
Upside:
Higher TL and Major TL drawn will act as a resistance.
Downside:
LTF candle(15M or 1H) Close below 56060-56080 with reasonable volume leads down trend(This point valid only if there is gap up)
Lower TL and Zone 55616- 55727 will act as a crucial support.
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.