Nickel Short Term View:
This view is valid as long 1086, 1071, 1047 supports. Below 1047 bear.
As long as 1086, 1071, 1047 holds supports, we will see 1157, 1164, 1169, 1225+.
Based on 1H chart, I expect retracment. Retracement levels are:1124(minium), 1119 - 1113 (Normal), 1107, 1102, 1086.30 (100%).
Any reversal from these levels, we will see first 1137.
This view is valid as long 1086, 1071, 1047 supports. Below 1047 bear.
As long as 1086, 1071, 1047 holds supports, we will see 1157, 1164, 1169, 1225+.
Based on 1H chart, I expect retracment. Retracement levels are:1124(minium), 1119 - 1113 (Normal), 1107, 1102, 1086.30 (100%).
Any reversal from these levels, we will see first 1137.
