21800 short term resistance

8 בינו׳

dear traders
as we can see mkt is consolidating in a channel
where 21800 is short term resistance
and assuming channels bottom is a support

so take take your trade accordingly

but in a 4 to 6 month perspective mkt still in a greatest bull rally

8 בינו׳

הערה

any two hourly continuous closing above 21800 is again a fresh buying setup

8 בינו׳

הערה

i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

------------------------------------------------------

any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysisam not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

------------------------------------------------------

any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis

9 בינו׳

הערה

again today mkt confirms that 21800 is a clear resistance

10 בינו׳

הערה

price tested channels bottom line with 100% accuracy

10 בינו׳

הערה

200 point profit from my channel lower line

12 בינו׳

הערה

450 point profit from my channels lower line

14 בינו׳

הערה

as market stable above all time high and also above resistance so upper level 22200 is visible for now

15 בינו׳

הערה

650 point profit running

15 בינו׳

הערה

from lower channel line