When ever price come to trend line it create a bearish candle and push down . And it respect now 1050 level . Which is a support level.
If tomorrow break this level then we can see a good fall . Other wish if it break the trendline don't take trade aggressively . it may consolidate. If you find any bullish candle at support level the you take a position of target of 1081.
To motivate us, Please like the idea If you agree with the analysis.
Thanks & regards,
Kaustav Hazra
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.