Bulls have gained control and if they are able to sustain above REDLINE, expect a very good upside move.
Stop loss - If price closes below redline on weekly closing basis.
Re-enter if price crosses above REDLINE.
All the best
Trade active:
Bullish trade continuation. Exit below low of the weekly green candle. Re-enter if price breaches above redline
Trade active:
Stop loss, below 368, weekly candle closing basis.
Trade active:
PRICE ACTION EXPECTED ABOVE 397.
Trade active:
Exit if daily closing candle below 391. Wait for next trade at Red line based on market sentiment.