Price is falling for the past few days and 75200 is an important zone in deciding direction.
Buy above 75400 with the stop loss of 75300 for the targets 74500, 75620, 75700, 75820, 75960, 76040, 76200 and 76320.
If price opens gap down 75000 will act as resistance and price may fall from that zone.
Resistance levels are 75400, 75200 and 75000. Understanding how price is reacting at these levels is important to trade better.
Sell below 75200 with the stop loss of 75100, 74980, 74860, 74700, 74580, 74460, 74300, 74220, 74100 and 73960.
Always do your own analysis before taking any trade.
Buy above 75400 with the stop loss of 75300 for the targets 74500, 75620, 75700, 75820, 75960, 76040, 76200 and 76320.
If price opens gap down 75000 will act as resistance and price may fall from that zone.
Resistance levels are 75400, 75200 and 75000. Understanding how price is reacting at these levels is important to trade better.
Sell below 75200 with the stop loss of 75100, 74980, 74860, 74700, 74580, 74460, 74300, 74220, 74100 and 73960.
Always do your own analysis before taking any trade.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
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.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
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.