It has crossed falling trendline & passed time between at 233-233.50 & Now Go Man Go.
Zinc looking tired of upside since morning from 233. So, any next move will start only above 240 or we wait for pullback below 237 & sustains below 237 for correction.
If in the pullback it comes close to our starting point 233-234 -we should keenly watch for bulls coming again. Take Care for the day. Trade Carefully.
As expected for pullback it has started from 238.50 - Mini Double Top
We are not trading this correction as we don't know what type of correction it will be. I am always against of predicting correction- as it is sheer waste of time & energy. We all know trend is our friend so we should wait for clear breakouts of the choppy zone to trade for upside.
Only extreme risk takers who can afford to lose in the trade they only trade with stops above 238.50 for 233-234.
Wait for some visible momentum means some market buying only then we buy.
Kissed 248 Target Zone & Had a fall to 244 lows. Next Above 250 -next set of buying