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.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.