Price has taken support from 82500 and managed to close above it. Price has a higher probability of moving up as long as it sustains above 82500. At the same time, the price is facing trendline resistance in the daily chart.

Price can fall from trendline resistance if it gains bearish strength. Before taking a trade we should know where the nearby support/resistance is waiting for us to give diversion.
Buy above 82560 with the stop loss of 82420 for the targets 82660, 82800, 82920, 83040,83200 and 83320.
Sell below 82300 with the stop loss of 82420 for the targets 82200, 82080, 81940, 81800, 81680 and 81560.
Always do your analysis before taking any trade.
Price can fall from trendline resistance if it gains bearish strength. Before taking a trade we should know where the nearby support/resistance is waiting for us to give diversion.
Buy above 82560 with the stop loss of 82420 for the targets 82660, 82800, 82920, 83040,83200 and 83320.
Sell below 82300 with the stop loss of 82420 for the targets 82200, 82080, 81940, 81800, 81680 and 81560.
Always do your 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.
