CMP: 38650
TF: 1 hour
Price is still in the bullish territory as it is above the channel top (although it is hanging in the cliff)
Expecting the price to trade inside the channel and take out each of these levels and take a pause at the midpoint (redline), that is around 37K for now.
Looking at the way ABB has fallen, I dont think so this will have an exception either.
First confirmation is that it should close inside the channel
TF: 1 hour
Price is still in the bullish territory as it is above the channel top (although it is hanging in the cliff)
Expecting the price to trade inside the channel and take out each of these levels and take a pause at the midpoint (redline), that is around 37K for now.
Looking at the way ABB has fallen, I dont think so this will have an exception either.
First confirmation is that it should close inside the channel
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.