by seeing chart it is clearly visible that downtrend has come to an end. if it breaks above trend line then uptrend will get confirmed if it unable to cross trendline that it can possibly make a double bottom pattern and then may break the line so keep watch for breakout. one more interesting thing is compared to previous upmoves in the above channel this time the upmove was rather fast showing some sort of strength so one can expect a breakout here.
Trade active
Comment:
first target = 133.25
Comment:
first target reached
second target = 138.85
second target = 138.85
Comment:
second target reached third and last target 142
Trade closed: stop reached:
trailing sto hit