Price was moving in a range for the past 2 days. And now it is at the important support zone..
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 21620.
Stop Loss : 21580.
Targets : 21660, 21700, 21740 and 21780.
These levels are derived based on the assumption that price will take support from 21600 and break the 2 days range move.
Sell below : 21480.
Stop Loss : 21520.
Targets : 21440, 21400 and 21360.
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.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 21620.
Stop Loss : 21580.
Targets : 21660, 21700, 21740 and 21780.
These levels are derived based on the assumption that price will take support from 21600 and break the 2 days range move.
Sell below : 21480.
Stop Loss : 21520.
Targets : 21440, 21400 and 21360.
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:
Jann 22 - Trading holiday.
Comment:
Trend line resistance.
Comment:
Support.