In short term period chart create a down trend .
We can expect a good down move within 2-3 days. RSI indicate divergency . Price is below the volume.
Intraday support level - 680-677
Scenarios:
gap up- market open above 710 and wait 15 min for price action and if price goes below 703 then create short position with your Risk Reward.
side base- don't take any position between 703-720
gap down- if market open near about 690-703 wait for 5-10 min and make a short position and initial target will 680-677
We can expect a good down move within 2-3 days. RSI indicate divergency . Price is below the volume.
Intraday support level - 680-677
Scenarios:
gap up- market open above 710 and wait 15 min for price action and if price goes below 703 then create short position with your Risk Reward.
side base- don't take any position between 703-720
gap down- if market open near about 690-703 wait for 5-10 min and make a short position and initial target will 680-677
Related publications
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.
Related publications
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.