The positive pointers to go long:-
CRISIL has made a pullback to 0.236 fib levels, matching the price action support levels at 1900.
The RSI has made an breakout, the price may follow it ( once the declining trendline is broken).
The price is at the upward sloping trendline.
Aggressive trade is to go Long at current levels. Conservative trade is to wait for a breakout with volume on the declining trendline.
SL level at 1775
Target levels @ 2110 / 2300.
Other interesting thing to watch is the volumes on the down days. The decline from the top has see 5 above avg volume distribution days, making one to proceed with caution if one has to trade long.
CRISIL has made a pullback to 0.236 fib levels, matching the price action support levels at 1900.
The RSI has made an breakout, the price may follow it ( once the declining trendline is broken).
The price is at the upward sloping trendline.
Aggressive trade is to go Long at current levels. Conservative trade is to wait for a breakout with volume on the declining trendline.
SL level at 1775
Target levels @ 2110 / 2300.
Other interesting thing to watch is the volumes on the down days. The decline from the top has see 5 above avg volume distribution days, making one to proceed with caution if one has to trade long.
עסקה פעילה
Have gone Long at 1930. on 15M TF - The price broke out of 1930 levels, which was acting as resistance for last 10 - 12 days.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.