Price is taking the trend line support and moving up. Where we can expect next resistance? 179 - 181 zone will be the next resistance if price gains strength to move above 172.
Buy above 172 with the stop loss of 170 for the targets 174, 177, 179 and 181. Sell below 166 with the stop loss of 168 for the targets 164, 161 and 159.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Join my students group for Index Option Trading to earn and learn.
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 Join my students group for Index Option Trading to earn and learn.
Also on:
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.