Market price is above the 50 day Moving Avarage if the price breaks the barrage of 6371 first target is 6800 - 6850 second target is 7278. First target is more possible than the second target. For the second target to happen; market price has to be up above to 200 days Moving Avarage.
Comment
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Sorry for my false entry it has to be Long Position NOT Short. Thank you for your understanding. :) I will be up to date from now on. If you find my ideas enlightening and want more please LIKE & FOLLOW.
Trade closed: target reached
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the market price reached to the first target which 6800 usd . Position is closed with profit