It is been observed on daily chart that the price action forms a Bearish Pin Bar Candlestick formation indicating Buyers exhaution and Sellers taking over the price action. It shall further put the price action down to previous support levels at around 74.
Target: 74
Stoploss: 79
Target: 74
Stoploss: 79
Trade active
Comment:
Today, Another Exhaustion Candlestick shall be made, indicating higher price rejection or greater consupmption of selling contracts on higher price levels. Regards
Trade active
Trade active
Comment:
Reaching to Target
Trade closed: target reached:
Target reached successfully. Regards
