Price is bearish as long as it is inside the channel. And the movement will also be a zig zag move.
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 49040.
Stop Loss : 48960.
Targets : 49120, 49200, 49280 and 49360.
Sell below : 48920.
Stop Loss : 49000.
Targets : 48840 ,48760, 48700 and 48620.
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Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 49040.
Stop Loss : 48960.
Targets : 49120, 49200, 49280 and 49360.
Sell below : 48920.
Stop Loss : 49000.
Targets : 48840 ,48760, 48700 and 48620.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Comment:
Resistance.
Comment:
Range.
Comment:
Moving along with the upper trend line.