SYMPHONY at important make or break level, if manages to stay above the 1100-1070 zone can go long, if it does not sustain above and gives closing below this zone then more downside level can be seen, if forms any buying formation above the given zone can go long for the given upside target.
recently on monthly timeframe descending triangle breakout can be seen on chart, this can be the retest/pullback movement in chart, watch-out for the given zone.
THIS VIEW OF MINE IS PURELY BASED ON THE TECHNICAL CHART, BEWARE OF NEWS.
recently on monthly timeframe descending triangle breakout can be seen on chart, this can be the retest/pullback movement in chart, watch-out for the given zone.
THIS VIEW OF MINE IS PURELY BASED ON THE TECHNICAL CHART, BEWARE OF NEWS.
Trade active:
Be in the trade with the stop-loss below the 1021 level, expecting a good upside move after being stuck in the zone for a long time now. Trade is still active, would suggest to hold with given stop-loss
Trade closed manually:
1st target of 1166 achieved, unable to sustain there, would suggest to exit position if already have not exited at 1166 level, made high 1180 level.