It has been observed that the price action bottoming out as it formed an exhaustion candle stick at support zone, indicatng sellers exhaustion and now it breaks above the downward trend line indicating buyers comeback and it shall further rally from here on if it manages to close above 1000 levels.
T1- 1050
SL-990
T1- 1050
SL-990
Trade active
Comment:
Now, speeding, it seems like a big buyer started accumulating it.
Trade active
Comment:
Crossing 1040, next stop 1050
Trade closed: target reached:
Target reached successfully. Thanks
Trade closed: target reached:
It did go to next stop and further rallied to 1100 levels.