We can see fakeout 7100 support strong correction this is generally bullish,
now we are in consolidation phase below trendline.
MA50 and MA200 is about to cross.
Breakout above 7450 will be to watch for bullish entry 7900-8200 target.
Breakout below 7100 will not good bull and probably go at 6800.
now we are in consolidation phase below trendline.
MA50 and MA200 is about to cross.
Breakout above 7450 will be to watch for bullish entry 7900-8200 target.
Breakout below 7100 will not good bull and probably go at 6800.
Comment:
about to breakout
Trade closed: target reached