A positive opening indicates early strength and shows that buyers are still attempting to take control inside this wider range. Even though the index opens strong, the main direction will only become clear once it sustains beyond the upper or lower trigger zones marked on the chart.
If price holds above 26050 to 26100, the long setup stays active. Targets remain 26150. 26200. 26250+. A stronger breakout above 26300 can extend the upside toward 26200. 26150. 26100- once the supply zone gets cleared.
If the positive open fades and the index rejects the 26100–26050 range, weakness can return. The short setup will trigger below 25950. Downside targets continue to remain 25900. 25850. 25800-. A deeper slip below 25800 opens the next support around 25750.
Positive openings often create traps near resistance. First trap is a fake push above 26100, and the second trap is a pullback that fails to hold 26050. Waiting for proper sustain above or below these ranges will keep the entries cleaner and reduce unnecessary risk.
If price holds above 26050 to 26100, the long setup stays active. Targets remain 26150. 26200. 26250+. A stronger breakout above 26300 can extend the upside toward 26200. 26150. 26100- once the supply zone gets cleared.
If the positive open fades and the index rejects the 26100–26050 range, weakness can return. The short setup will trigger below 25950. Downside targets continue to remain 25900. 25850. 25800-. A deeper slip below 25800 opens the next support around 25750.
Positive openings often create traps near resistance. First trap is a fake push above 26100, and the second trap is a pullback that fails to hold 26050. Waiting for proper sustain above or below these ranges will keep the entries cleaner and reduce unnecessary risk.
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📈 Trade Smarter with TradZoo!
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 Website: bit.ly/tradzoopage
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.
