It is been observed on the hourly chart that the price action is trending in upward channel indicating a further move up to the previous resistance levels of 1112-1120.
Target: 1108
Stoploss: 1060
Risk Reward 1:1
Target: 1108
Stoploss: 1060
Risk Reward 1:1
Trade active
Trade active
Note
It did reach the target but with a shocking downward move. RegardsTrade closed: target reached
Target reached successfully, as marked. RegardsNote
Real TIme: Formation of Pennant Continuation Pattern.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.