Price is trading within a well-defined ascending channel and reacting positively from a key horizontal support zone. Overall structure remains bullish with higher highs intact.
📌 Trade Levels:
Entry: CMP
Stop Loss: 142
Targets: 158 / 165–170
⚠️ RSI Bearish Divergence:
RSI has formed a lower high while price printed a higher high, indicating weakening momentum, not an immediate reversal.
As long as price stays above 142 and the channel structure holds, upside continuation toward targets is possible.
Break below 142 on daily close will invalidate the setup.
📊 Trend is your friend until it bends.
📌 Trade Levels:
Entry: CMP
Stop Loss: 142
Targets: 158 / 165–170
⚠️ RSI Bearish Divergence:
RSI has formed a lower high while price printed a higher high, indicating weakening momentum, not an immediate reversal.
As long as price stays above 142 and the channel structure holds, upside continuation toward targets is possible.
Break below 142 on daily close will invalidate the setup.
📊 Trend is your friend until it bends.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.