Price is moving inside a channel formation and now it is testing the upper trend line of the channel. Trend direction deciding zone is 2916 - 2922.
In daily chart, price has formed an ascending triangle.
Considering these facts, if the price sustains above 2922 and show volume strength, then we can see bullish move.
Buy above 2922 with the stop loss of 2904 for the targets 2942, 2964, 2986 and 2998.
Sell below 2880 with the stop loss of 2900 for the targets 2860, 2838 and 2218.
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.
In daily chart, price has formed an ascending triangle.
Buy above 2922 with the stop loss of 2904 for the targets 2942, 2964, 2986 and 2998.
Sell below 2880 with the stop loss of 2900 for the targets 2860, 2838 and 2218.
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.
Trade active:
Long.
Comment:
T1 done.