The daily chart showed clearly upside potential, and the 4-hourly chart provided some good and lesser indicative accuracy, but fundamentals like cabinet formations certainly provided the movements sharply either way.
The GANN line interacts now in a tug of war, and its not decisive either way from here. Considering the higher levels seen and were we are at, the chances are seeing slightly higher levels before it will settle again.
Strategy try BUYING near 18.1500-18.1700 area and take quicker profits near 18.4350 and sl lets say 0.75% of investment amount. Otherwise just stay neutral and see what happens from here.
The GANN line interacts now in a tug of war, and its not decisive either way from here. Considering the higher levels seen and were we are at, the chances are seeing slightly higher levels before it will settle again.
Strategy try BUYING near 18.1500-18.1700 area and take quicker profits near 18.4350 and sl lets say 0.75% of investment amount. Otherwise just stay neutral and see what happens from here.
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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.