21800 short term resistance

8. Jan.

dear traders
as we can see mkt is consolidating in a channel
where 21800 is short term resistance
and assuming channels bottom is a support

so take take your trade accordingly

but in a 4 to 6 month perspective mkt still in a greatest bull rally

8. Jan.

Anmerkung

any two hourly continuous closing above 21800 is again a fresh buying setup

8. Jan.

Anmerkung

i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysisam not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

------------------------------------------------------

any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis

9. Jan.

Anmerkung

again today mkt confirms that 21800 is a clear resistance

10. Jan.

Anmerkung

price tested channels bottom line with 100% accuracy

10. Jan.

Anmerkung

200 point profit from my channel lower line

12. Jan.

Anmerkung

450 point profit from my channels lower line

14. Jan.

Anmerkung

as market stable above all time high and also above resistance so upper level 22200 is visible for now

15. Jan.

Anmerkung

650 point profit running

15. Jan.

Anmerkung

from lower channel line