It is been observed on the Daily Chart that the price action consolidated within a downward channel or flag formation and then breaks and closes above it, indicated a channel breakout. Now, it has further moved up from the breakout levels indicating a continuation of trend and further move up.
Target1 : 770
Target 2: 780
Stoploss: 750
Regards
Target1 : 770
Target 2: 780
Stoploss: 750
Regards
Trade active
Trade active
Trade active
Note
Stoploss Updated to 740 levels. RegardsTrade closed: target reached
Finally, after a long consolidation, it did reach to targets. Regards
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.