The cup and handle pattern is under formation here.
Support is 24760
Resistance and entry criteria are breached at the 24800-24805 level.
The target of the pattern is 25000, i.e., 200 points above.
On the contrary, the sell will be below 24760, for which I am not focusing much at the moment. On either way, the downside levels are also mentioned.
Support is 24760
Resistance and entry criteria are breached at the 24800-24805 level.
The target of the pattern is 25000, i.e., 200 points above.
On the contrary, the sell will be below 24760, for which I am not focusing much at the moment. On either way, the downside levels are also mentioned.
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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.