The price has closed below the important level of 74800. Sustaining above 74800 and breaking 75k with bullish strength can make the price move towards the 76400 zone. The main trend is bearish.
Buy above 74860 with the stop loss of 74700 for the targets 74980, 75120, 75340, 75600, 75820, 75960, 76120, 76300 and 76540.
Sell below 74500 with the stop loss of 74660 for the targets 74360, 74200, 74020, 73860, 73700, 73520, 73300, 73060, 72900 and 72760.
At present, the price is testing the confluence of the trendline and support/resistance zone. Check how it behaves before taking any trade as it can become a flip zone.
Always do your analysis before taking any trade.
Buy above 74860 with the stop loss of 74700 for the targets 74980, 75120, 75340, 75600, 75820, 75960, 76120, 76300 and 76540.
Sell below 74500 with the stop loss of 74660 for the targets 74360, 74200, 74020, 73860, 73700, 73520, 73300, 73060, 72900 and 72760.
At present, the price is testing the confluence of the trendline and support/resistance zone. Check how it behaves before taking any trade as it can become a flip zone.
Always do your analysis before taking any trade.
Note
Testing lower trend line of the channel. 
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Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.