We have two different patterns which indicates two direction in different timeframes. Opening will decide how the price will move.
Pattern : Support/Resistance, descending triangle and trend line support.
Range : Medium.
Trend strength : Normal.
Buy Above : 22440.
Stop Loss : 22400.
Targets : 22480, 22520 and 22560.
Sell below : 22340.
Stop Loss : 22380.
Targets : 22300, 22260 and 22220.
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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.
Pattern : Support/Resistance, descending triangle and trend line support.
Range : Medium.
Trend strength : Normal.
Buy Above : 22440.
Stop Loss : 22400.
Targets : 22480, 22520 and 22560.
Sell below : 22340.
Stop Loss : 22380.
Targets : 22300, 22260 and 22220.
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:
Bullish, have to sustain above 22500 to move up further.
Trade active:
Long.
Trade closed: target reached:
All targets done.