21800 short term resistance

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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

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ملاحظة

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

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ملاحظة

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

٩ يناير ٢٠٢٤

ملاحظة

again today mkt confirms that 21800 is a clear resistance

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ملاحظة

price tested channels bottom line with 100% accuracy

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200 point profit from my channel lower line

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450 point profit from my channels lower line

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

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ملاحظة

650 point profit running

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ملاحظة

from lower channel line