0
724
Weekly price is on bearish market condition for ranging between
Central Pivot at 6474 and key support level at 5758.
- The price is ranging within Central Pivot at 6474 and key support level at 5758.
- The nearest resistance levels are Central Pivot at 6474 and key resistance level at 6715.
- The nearest support levels are S1 Pivot at 6045 and key support level at 5758.
Instrument | S1 Pivot | Yearly PP | R1 Pivot |
---|---|---|---|
Z |
6045 |
6474 |
6909 |
If W1 price will break Central Pivot at 6474 from below to above on close W1 bar so we may see the reversal of the price movement to the primary bullish market condition.
If W1 price will break key support level at 5758 from above to below so the bearish condition will be continuing.
If not so the price will be ranging between the levels.
Trend: