For an update of the previous sell entry, we would still maintain our TP AT 55.8
We would also monitor close to the TP zone to confirm a bullish signal to complete the ABCD pattern at
the 81 zone.
A break of the 50 handle will invalidate the buy entry which might push price further down towards 42 and then 33 area.
Wait for entry for TRADE 2
Entry 1: SELL @ 61.3 ( in progress )
TP = 55.8
Entry 2: BUY @ 55.6 ( waiting for entry signal)
TP = 81
We would also monitor close to the TP zone to confirm a bullish signal to complete the ABCD pattern at
the 81 zone.
A break of the 50 handle will invalidate the buy entry which might push price further down towards 42 and then 33 area.
Wait for entry for TRADE 2
Entry 1: SELL @ 61.3 ( in progress )
TP = 55.8
Entry 2: BUY @ 55.6 ( waiting for entry signal)
TP = 81