in daily - price broke out of consolidation with good volume and closed above upper BB, now BB is expanding.
if we see the longer time frame, 1570-1605 was a resistance zone, which is crossed now, next level to watch for 1800-1810
one should ride the uptrend with a sl - 1509
if we see the longer time frame, 1570-1605 was a resistance zone, which is crossed now, next level to watch for 1800-1810
one should ride the uptrend with a sl - 1509
Trade active:
till now 1717.
Trade active:
it went below the predefined sl and reversed from the horizontal support level, and it crossed 1800-1810 level.