ALL THE LEVELS ARE MARKED ON CHART
PRICE HAS FORMED THE HEAD & SHOULDER PATTERN IN HIGHER TIMEFRAME
BUT THERE HAS BEEN ALOT OF BUYING AROUND 2140-2150 LEVELS; IT CAN ACT AS A MAJOR SUPPORT AND WILL REQUIRE DECENT VOLUME TO BREAK THE LEVEL.
2200 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME.
The indicator used:
1) Daily Lines plots Daily 20 EMA on lower time frame charts
2) FIBO.
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
PRICE HAS FORMED THE HEAD & SHOULDER PATTERN IN HIGHER TIMEFRAME
BUT THERE HAS BEEN ALOT OF BUYING AROUND 2140-2150 LEVELS; IT CAN ACT AS A MAJOR SUPPORT AND WILL REQUIRE DECENT VOLUME TO BREAK THE LEVEL.
2200 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME.
The indicator used:
1) Daily Lines plots Daily 20 EMA on lower time frame charts
2) FIBO.
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.