Hi traders, the market is bearish but we might have a tinny uptrend.
First it all, the prices should break up the pivot point and then go until R1-R2, 1-hour frame. The retracements should not be more than 61%.
Remember, Keep checking the trend, go with the trend. If the prices don't follow the trend as we planned, guess what? the long trend is over...:)
Indicator MA 200, 20-8 RSI 8 MA8 Bolliger 20, Volume, Pivot points Levels. Intraday Strategy. MACD
R3 13,520.57
R2 13,305.07
R1 13,211.83
PP 13,089.57
S1 12,996.33
S2 12,874.07
S3 12,658.57
First it all, the prices should break up the pivot point and then go until R1-R2, 1-hour frame. The retracements should not be more than 61%.
Remember, Keep checking the trend, go with the trend. If the prices don't follow the trend as we planned, guess what? the long trend is over...:)
Indicator MA 200, 20-8 RSI 8 MA8 Bolliger 20, Volume, Pivot points Levels. Intraday Strategy. MACD
R3 13,520.57
R2 13,305.07
R1 13,211.83
PP 13,089.57
S1 12,996.33
S2 12,874.07
S3 12,658.57