The price exhibits bearish momentum as long as it trades below 21,535 and 21,620. This indicates a bearish zone targeting 21,390. A 4-hour or 1-hour candle closing below 21,390 could lead to a further drop toward 21,215.
To confirm a bullish trend, a 4-hour candle must close above 21,630.
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.