It is been observed on the hourly chart that the price action firstly consolidated in a descending triangle and Yesterday it breaks out and closes below the triangle indicated further bearishness in the price action ahead. Now, it shall move to 8000 support levels.
Target: 8000
Stoploss: 8150
Risk Reward: 1:1
Target: 8000
Stoploss: 8150
Risk Reward: 1:1
Trade active
Markets marching towards 8000 support levels. RegardsTrade active
Trade closed: target reached
Target reached successfully, Regards
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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.