Bearish Indications :
* Major trend is Bearish but in consolidation phase since 22 Nov bumping between major support and resistance
* Resistance = 104.582 Support = 104.149
* Major trading channel not broken
* Double top chart pattern formation in progress
Bullish Indications
* Cup and Handle chart pattern being formed
Bias : Short
Plan A Entry @ 104.009
SL @ 104.417
TP @ 103.880
Plan B : Long
If there is trend reversal due to cup and handle formation
Entry @ 104.614
SL@104.366
TP@104.866
* Major trend is Bearish but in consolidation phase since 22 Nov bumping between major support and resistance
* Resistance = 104.582 Support = 104.149
* Major trading channel not broken
* Double top chart pattern formation in progress
Bullish Indications
* Cup and Handle chart pattern being formed
Bias : Short
Plan A Entry @ 104.009
SL @ 104.417
TP @ 103.880
Plan B : Long
If there is trend reversal due to cup and handle formation
Entry @ 104.614
SL@104.366
TP@104.866