It is been observed on the daily and hourly chart that the price action is forming lower lows and lower highs, indicating a weakness in price action. Now, it shall further dip down to next support levels. It is a broadening wedge pattern.
Target1: 580
SL- 595
Target1: 580
SL- 595
Trade active
Comment:
Target 2: 575
Trade closed: target reached:
Target 1 reached.
Trade closed: target reached:
Target 2 also reached. Hope you had a good one. Thanks