Price failed to build upside momentum post touching the channel resistance & thus reversed back.
20EMA crossed 50EMA downside which indicates further negativity.
Avoid catching low as long 658 level is intact on upside.
Price can move towards 630-620 level.
20EMA crossed 50EMA downside which indicates further negativity.
Avoid catching low as long 658 level is intact on upside.
Price can move towards 630-620 level.
Comment:
Target achieved
Trade closed: target reached