Saga Near Support resistance
Saga is near support level after falling sharply and i am expecting to bounce back since it's near Support level.
it will be a short duration trade
Currently it's in channel and if it breaks and after pull back sustains the momentum then i can expect a target of 1.3440 ( If it sustanins)
i am also bearing in mind that previous trend is bearish so every opputunity of rise in price may actually be a selling oppurtunity...so have to be cautious
Above is soley for my own learning and my own notes....
it will be a short duration trade
Currently it's in channel and if it breaks and after pull back sustains the momentum then i can expect a target of 1.3440 ( If it sustanins)
i am also bearing in mind that previous trend is bearish so every opputunity of rise in price may actually be a selling oppurtunity...so have to be cautious
Above is soley for my own learning and my own notes....
Note
It's has formed cup and handle near support..so have to wait and watch and it may break down
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