Price is at triple bottom support, which is a bullish pattern. At the same time it is consolidating in the formation of descending triangle which is a bearish pattern.
So how to trade? Let us decode it.
Buy above 738 with the stop loss of 731 for the targets 746, 752, 760 and 768.
Sell below 724 with the stop loss of 731 for the targets 718, 712, 704 and 696.
Do your own analysis before taking any trade.
So how to trade? Let us decode it.
Buy above 738 with the stop loss of 731 for the targets 746, 752, 760 and 768.
Sell below 724 with the stop loss of 731 for the targets 718, 712, 704 and 696.
Do your own analysis before taking any trade.
Note
Price is in sell zone with weak trend strength.Trade active
ShortTrade closed: target reached
T3 done. 
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.