BOB - Consolidating !

Updated

Price action of one hour chart shows price is consolidating inside the triangle. RSI is taking support at 40 for the previous few sessions. Buy above 190 with the stoploss of 188. Targets are 193, 195 and 197. Sell below 185 with the stoploss of 187. Targets are 182, 180 and 178. Triangle gives false break out some times. Analyse and follow your trading plan always.

Note

Trade not yet triggerred.

Trade active

Long side first target reached.

Note

Here you go - 2nd target!

Role I play here : Moderator.

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