CMP around 1530 on 01.06.25
The chart is almost self-explanatory. Since March 25, the price has risen by around 50%. This time trading on a likely resistance area.
If price rejects these levels of 1530-1560, it may go into a correction ahead.
Lower targets may be 1400/1260.
The setup weakens if it sustains above 1580 levels.
One should keep the position size according to the risk management.
All these illustrations are provided for learning and sharing purposes only; they do not constitute buy or sell advice. Please do your research before taking any position.
All the best.
The chart is almost self-explanatory. Since March 25, the price has risen by around 50%. This time trading on a likely resistance area.
If price rejects these levels of 1530-1560, it may go into a correction ahead.
Lower targets may be 1400/1260.
The setup weakens if it sustains above 1580 levels.
One should keep the position size according to the risk management.
All these illustrations are provided for learning and sharing purposes only; they do not constitute buy or sell advice. Please do your research before taking any position.
All the best.
Сделка активна
Stop Loss hits.
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.