Here i have come with the updated idea of this please check it too
So in this analysis i have marked 2 possible scenarios.
Let’s talk about them:
1. First is bullish view:
If we’re able to close this weekly candle above the triangle then we can easily touch 10,100 - 10,400.
Next target will be then marked above which is 12,200.
2. Second is bearish scenario:
As you can see we have a trend above the current price which can turn the price downward.
If curvy candle fails to close above this trend line we can probably touch the lower trend line of this symmetrical triangle, which is marked by red line.
My personal view is upward but I’ll closely watch these levels if or lose momentum I’ll manually take actions according to that.
Having is in 2 weeks so we can expect further upside according to the .
So this the end of the idea, i hope i won be able to clear some picture for you.
If you find this idea useful please show your strong support.
Don’t forget to see my previous works attached below.
Note: This is not a financial advice, it’s your own choice, you are the owner of your funds.
Good luck Traders
So in this analysis i have marked 2 possible scenarios.
Let’s talk about them:
1. First is bullish view:
If we’re able to close this weekly candle above the triangle then we can easily touch 10,100 - 10,400.
Next target will be then marked above which is 12,200.
2. Second is bearish scenario:
As you can see we have a trend above the current price which can turn the price downward.
If curvy candle fails to close above this trend line we can probably touch the lower trend line of this symmetrical triangle, which is marked by red line.
My personal view is upward but I’ll closely watch these levels if or lose momentum I’ll manually take actions according to that.
Having is in 2 weeks so we can expect further upside according to the .
So this the end of the idea, i hope i won be able to clear some picture for you.
If you find this idea useful please show your strong support.
Don’t forget to see my previous works attached below.
Note: This is not a financial advice, it’s your own choice, you are the owner of your funds.
Good luck Traders
