A good channel can be seen.
Plan 1.
Right now the price is near the bottom of the channel(484.20).
Investors can start buying if the market opens with a small difference(up to 479.05) or at the same price.
Target expected here is next resistance 495 after this psychological resistance of 500 and then 515.85
Plan 2.
Simply you can follow the channel until it goes out of the channel (buy on dips).
Tip:- Plan 2 seems simple.
Plan 1.
Right now the price is near the bottom of the channel(484.20).
Investors can start buying if the market opens with a small difference(up to 479.05) or at the same price.
Target expected here is next resistance 495 after this psychological resistance of 500 and then 515.85
Plan 2.
Simply you can follow the channel until it goes out of the channel (buy on dips).
Tip:- Plan 2 seems simple.
Trade active
Trade closed: target reached
493 reachedTrade active
As predicted
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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.
Related publications
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.