The selling we saw today was due to the Fed, but the trend is still bullish.
We should wait on the weekly chart as we see a shooting star pattern but no confirmation.
What can happen next, the market will decide, but what I feel is that it seems that a gap has formed below due to GST, it will fill and can go up after retesting the trend line.
If I get a chance I can take a buy trade at 24410
We should wait on the weekly chart as we see a shooting star pattern but no confirmation.
What can happen next, the market will decide, but what I feel is that it seems that a gap has formed below due to GST, it will fill and can go up after retesting the trend line.
If I get a chance I can take a buy trade at 24410
Trade active
finally GAP filled today 28/08/25 still wait for 24410Trade closed: target reached
Our first target has been hit 24750 and the second target is still left which is 25000...The trend is still bullish
Note
The trend is still bullish and can hold. If we look at the chart, we can see the level of 25250 on the upper side
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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.