Previous trend: Bearish (114 to 30) Present trend: Bullish (price has broke Downward trendline at 58) Support: 77 and 58 Resistance: 130 and 157 Pattern: Rounding Bottom breakout above 30 and retesting 30 Volume: highest volume of 6.92 mn on the beginning of May 2021. Last highest monthly volume was in the month Feb 2017 (8.9 mn) Price invalidation level/stoploss:77 on Monthly Closing Basis.
Disclaimer: Only for educational purpose. Do trade as per your risk management.
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.