INVERTED HEAD AND SHOULDER PATTERN ...POSSIBLE RETEST TO PREVIOUS RESISTANCE ZONE ...PRICE ACTION BOUNCING OFF FROM 2 YEAR LOW
... FURTHER ANALYSIS INDICATES A BRAKE IN LONG TERM DOWNTREND LINE FAVORING THE ABOVE SHORT TERM IDEA ,
Comment:
price action resuming uptrend after consolidation ...strong buy
Trade active:
almost near 1st target ...make sure to book profits and update stoploss
Trade closed: target reached:
1st target reached
Trade active:
price action retesting the resistance band .will resume uptrend soon