30min outlook: on the 30min time frame, price rise above the resistance level, which indicates bullishness in price.
In other to strengthen our belief that the price is on a bullish market, we have seen price rose to 17901.05 level, which also signal that the market is bullish.
And from resistance level at 17901.05 price is to retraces to 17551.71 level which cloud pave way for upward movement in price.
If price should respond bullishly from 17551.71 level, then first resistance level should be set at 17770.39 while the second resistance level at 17901.05
In other to strengthen our belief that the price is on a bullish market, we have seen price rose to 17901.05 level, which also signal that the market is bullish.
And from resistance level at 17901.05 price is to retraces to 17551.71 level which cloud pave way for upward movement in price.
If price should respond bullishly from 17551.71 level, then first resistance level should be set at 17770.39 while the second resistance level at 17901.05