IDEA - CHANNEL BREAKOUT
Updated
It is been observed on the hourly chart that the price action consolidated within a channel or flag formation and now it has broken above the channel and moving towards the next resistance level.
Target: 116
Stoploss 111
Regards
Target: 116
Stoploss 111
Regards
Trade active
Trade closed: target reached
Target reached successfully, RegardsNote
If it hold above 119 levels today then it shall move further up to 124-126 levels. Regards.Trade active
Idea closed above 119 levels indicating further move up to 124-126 levels. Regards
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