1) The First is the black line which was acting as resistance Earlier now act as a Support, So if there is any Retracement, Chance are it will get support over the black line.
2) If it breaks the black Line then we can expect the handle to form and the handle will take support at the green zone marked.
Keep Your SL as nearest /2%/as per your risk.
Buying position can be done at both the levels of support.
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