Price is nearing the double top resistance 47800 - 47840. This level may act as trend direction deciding level. On higher time frame, price has broken the trend line.
Pattern : Trend line Support/Resistance and double top.
Range : Medium.
Trend strength : Normal.
Buy Above : 47840.
Stop Loss : 47760.
Targets : 47920, 47980, 48060, 48200 and 48320.
Sell below : 47620.
Stop Loss : 47700.
Targets : 47540 ,47460, 47340 and 47220.
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 : Trend line Support/Resistance and double top.
Range : Medium.
Trend strength : Normal.
Buy Above : 47840.
Stop Loss : 47760.
Targets : 47920, 47980, 48060, 48200 and 48320.
Sell below : 47620.
Stop Loss : 47700.
Targets : 47540 ,47460, 47340 and 47220.
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:
Towards 47600.
Comment:
Good...