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Aunt Early Market Analysis
Key Resistance Levels: 2125-2140 vicinity
Key Support Levels: 2070-2080 vicinity
Intraday Strategy:
First Strategy: 2120-2135
( Set up short positions only for the first time, stop loss around 15 points)
Take profit: 2080-2060
Second Strategy: 2080-2070
( Set up long positions only for the first time, stop loss around 15 points)
Take profit first targeting around 2125
If the price rallies and breaks above 2130 with consolidation, rapid upside movement may occur,
First Resistance Level: 2190-2220
Second Resistance Level: 2285-2305
Third Resistance Level: 2370-2380
Fourth Resistance Level: 2460-2470
Fifth Resistance Level: 2530-2540 and 2630-2640
( Set up short positions at the above resistance levels respectively, stop loss around 15 points)
Conversely, if the price declines and breaks 2060-2050, rapid downside movement may occur,
First Support Level: 2000-2025
Second Support Level: 1960-1970
Third Support Level: 1930-1940 and 1890-1905
( Long positions can be set up at the above support levels, stop loss around 15 points)
Disclaimer: The above levels are for reference only and are not intended as investment advice.