Price is at the important level which can decide the trend direction 47680 - 47740. If price takes support from here, 47960 - 48040 will act as next resistance.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 47780.
Stop Loss : 47700.
Targets : 47860, 47940, 48060, 48200, 48320 and 48400.
Sell below : 47620.
Stop Loss : 47700.
Targets : 47540, 47460, 47380, 47300, 47220 and 47160.
Expected expiry range is 47400 to 48200.
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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 : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 47780.
Stop Loss : 47700.
Targets : 47860, 47940, 48060, 48200, 48320 and 48400.
Sell below : 47620.
Stop Loss : 47700.
Targets : 47540, 47460, 47380, 47300, 47220 and 47160.
Expected expiry range is 47400 to 48200.
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.
Trade active:
Short. Support broken. Holding 47500.
Comment:
T1 done.
Comment:
Magnet zone.