If the open is above the closing price, we could enter a quick bullish position up to 182.00. If the movement continues, we could close the position at 184.00, forming a triple top. Our next bullish entry could be above 186.00. The price could also find a rejection zone at 182.00.
On a bearish entry, a rejection zone could be found at 176.00. If this price falls below 176.00, we only enter bearish below 174.00/172.00.
On a bearish entry, a rejection zone could be found at 176.00. If this price falls below 176.00, we only enter bearish below 174.00/172.00.
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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.