When price is moving inside a channel, movement will be choppy unless it gains momentum.
Pattern : Channel
Range : Medium.
Trend strength : Normal.
Buy Above : 43840.
Stop Loss : 43760.
Targets : 43920, 44020, 44120, 44200 and 44340.
Sell below : 43640.
Stop Loss : 43720.
Targets : 43560, 43480, 43400 and 43300.
Expected expiry day range is 43400 to 44100.
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.
Pattern : Channel
Range : Medium.
Trend strength : Normal.
Buy Above : 43840.
Stop Loss : 43760.
Targets : 43920, 44020, 44120, 44200 and 44340.
Sell below : 43640.
Stop Loss : 43720.
Targets : 43560, 43480, 43400 and 43300.
Expected expiry day range is 43400 to 44100.
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:
Once again trying to test the upper trend line of the channel.
Comment:
Nice move. Testing the trend line.
Comment:
44190 - 44240 is the trend deciding zone. At channel support.