Price has been staying within the monthly OB (green rectangle ) for past 11 weeks.
Immediate support= 198 (at bottom of green rectangle )
Next support 177 and 136 (dotted green lines based on weekly levels)
Weekly close below 136 = disaster
Maximum upside target in medium term = 387 (top of green rectangle/monthly OB)
Weekly close above 387 = start of bull run
Immediate support= 198 (at bottom of green rectangle )
Next support 177 and 136 (dotted green lines based on weekly levels)
Weekly close below 136 = disaster
Maximum upside target in medium term = 387 (top of green rectangle/monthly OB)
Weekly close above 387 = start of bull run
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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.
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.