Price made All time high on friday, faced double top resistance and fall down. Daily time frame chart shows that the price is at trend line support. The price have to take support from here or it should have good correction to gain strength to move up again.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 21920.
Stop Loss : 21880.
Targets : 21960, 22000, 22040 and 22080.
Sell below : 21820.
Stop Loss : 21860.
Targets : 21780, 21740 and 21700.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Range : Medium.
Trend strength : Normal.
Buy Above : 21920.
Stop Loss : 21880.
Targets : 21960, 22000, 22040 and 22080.
Sell below : 21820.
Stop Loss : 21860.
Targets : 21780, 21740 and 21700.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Comment:
Weak.
Comment:
Nice move.