Price has entered in to the consolidation zone 47650 to 48040. And it has formed a narrow consolidation at the 47600 zone. So we are having consolidation square :) It can give good break out move.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 47700.
Stop Loss : 47620.
Targets : 47780, 47860, 47940, 48060, 48200, 48320 and 48400.
Sell below : 47460.
Stop Loss : 47520.
Targets : 47380, 47300, 47220, 47160 and 47100.
Expected (expiry) range is 47200 to 48400.
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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 : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 47700.
Stop Loss : 47620.
Targets : 47780, 47860, 47940, 48060, 48200, 48320 and 48400.
Sell below : 47460.
Stop Loss : 47520.
Targets : 47380, 47300, 47220, 47160 and 47100.
Expected (expiry) range is 47200 to 48400.
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:
Inside the zone.
Trade active:
Long.
Comment:
48060 done.
Comment:
48200 done. BN has made ATH 48245.
Comment:
48320 done. ATH...
Trade closed: target reached:
All targets done.