Chart looking good with a channel pattern after a weekly volume breakout and a monthly breakout too.
retest phase is mostly done ....wait for the next 2 hour candle and if bullish enter....or wait for a bullish signal.
target- longterm potential to go level 115
short term- 96
small risk stoploss - closing below 62.5
bit high risk stoploss - closing below 52
NEVER TRADE WITH CONVICTION....TRADE ALWAYS WITH PROBABILITY.
Just for knowledge.. consult your financial advisor before investing.
retest phase is mostly done ....wait for the next 2 hour candle and if bullish enter....or wait for a bullish signal.
target- longterm potential to go level 115
short term- 96
small risk stoploss - closing below 62.5
bit high risk stoploss - closing below 52
NEVER TRADE WITH CONVICTION....TRADE ALWAYS WITH PROBABILITY.
Just for knowledge.. consult your financial advisor before investing.
Comment:
TARGET ACHIEVED....STILL MORE WAY TO GO...AS IT LOOKS GREAT TO GO TILL 120 IN FEW DAYS
Trade closed: target reached:
132 RESISTANCE !!! BEWARE