1. After channel breakout the upside rally should continue but if we observe the chart even good positive breakout turned into selling after breakout indicating Weakness in buying side.
2. At the same time we have to consider the Horizontal Resistance, At that resistance market is fighting which means the resistance will break and continue bull rally.
At this point We have to wait for either side breakout & we will enter into trade with good confirmation.
*Always Enter With good confirmation & Maintain proper Risk Reward.
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