Price compression is seen in 75 mins time frame, if the price sustains above yesterday's close level, the marked levels can be used for Intraday target sell zones.
The RSI is also moving up from oversold to a strength zone of 60-70+.
The price may move to fill the gap at 414-415 zone.
An intraday trade may be possible with the marked levels, above 410 with an RR of 1:2.
The RSI is also moving up from oversold to a strength zone of 60-70+.
The price may move to fill the gap at 414-415 zone.
An intraday trade may be possible with the marked levels, above 410 with an RR of 1:2.
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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.
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.