Last week I posted that I was looking for 6452, 6482 as my weekly main targets. The high of the week was 6510. You can see on the 2hr chart that 6452.75 was back tested with strong institutional buying and then we continued higher. Price ended the week with a mild pullback to the 6461 level.
Plan for next week is that we need to hold 6390, 6369. for us to continue higher. Ideally, we do not lose 6452 with 6426 being the breakout and 6390 the low of the week.
IF, price does pullback and can flush either 6452, 6426, 6390 as key areas to be tested and try to keep the bullish trend in play. IF, we lose 6390, that would be concerning in the short term, and price will need to find another yellow support line below for a reclaim back up the levels.
Above 6390 and we should continue up the levels of 6522, 6541 with very bullish case up to 6588.
I will post a daily trade plan this week on the 15 min chart and will follow my plan to find areas that we should get level to level moves upwards.
Follow so you can be notified when my daily trade plan is released.
Plan for next week is that we need to hold 6390, 6369. for us to continue higher. Ideally, we do not lose 6452 with 6426 being the breakout and 6390 the low of the week.
IF, price does pullback and can flush either 6452, 6426, 6390 as key areas to be tested and try to keep the bullish trend in play. IF, we lose 6390, that would be concerning in the short term, and price will need to find another yellow support line below for a reclaim back up the levels.
Above 6390 and we should continue up the levels of 6522, 6541 with very bullish case up to 6588.
I will post a daily trade plan this week on the 15 min chart and will follow my plan to find areas that we should get level to level moves upwards.
Follow so you can be notified when my daily trade plan is released.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.