after a good bearish trend price is in side ways phase
180-215 been good buying area and the stop loss can be done
only below this any candle closed on daily time frame we can see bearish trend but the recent bear cycle performed from april 2023 to sep 2023..
currently price is making small candles as a sign of beairsh liqudity getting faded
.................... TRADE SETUP ....................
Buying above 222 (candle closed on daily) we look for the target of 270 and 290
this trade will be purely investing pov and no leveraged to avoid uncertaintity
stop loss can be below 200 or 190 as per your risk reward
180-215 been good buying area and the stop loss can be done
only below this any candle closed on daily time frame we can see bearish trend but the recent bear cycle performed from april 2023 to sep 2023..
currently price is making small candles as a sign of beairsh liqudity getting faded
.................... TRADE SETUP ....................
Buying above 222 (candle closed on daily) we look for the target of 270 and 290
this trade will be purely investing pov and no leveraged to avoid uncertaintity
stop loss can be below 200 or 190 as per your risk reward
Trade active:
sl 205 tr 222
