A violation of the key support level at 24.043, would trigger a bearish signal, targeting the immediate target levels at 23.913 and even lower at 23.849. A protective stop loss at 24.367 is highly recommended.
Price Action
Friday, April 22 2022

03:57 pm (GMT +0300)
30 minutes Timeframe
Should the commodity manage to exceed the resistance level at 24.367, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
23.913
Target 2
23.849
Target 3
23.719
Target 4
23.557

Entry
24.043

Stop Loss
24.367
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Friday, April 22 2022

03:57 pm (GMT +0300)
30 minutes Timeframe
A violation of the key support level at 24.043, would trigger a bearish signal, targeting the immediate target levels at 23.913 and even lower at 23.849. A protective stop loss at 24.367 is highly recommended.
Should the commodity manage to exceed the resistance level at 24.367, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
23.913
Target 2
23.849
Target 3
23.719
Target 4
23.557

Entry
24.043

Stop Loss
24.367
Trend Confirmation
Momentum
LWMA
MACD