TRADE PLAN:
Entry 1719.00
SL: 1694.70
TP1: 1756.00
TP2: Ride the Trend with moving stoploss
Bulls Points:
1. Bullish Engulfer
2. Bouncing from Fib and Strong support
3. Bouncing from Trendline support
4. Time cycle for downtrend is matured
5. RSI Divergence
Bears Points:
1. LHLL
2. At 50 EMA moving average resistance
Entry 1719.00
SL: 1694.70
TP1: 1756.00
TP2: Ride the Trend with moving stoploss
Bulls Points:
1. Bullish Engulfer
2. Bouncing from Fib and Strong support
3. Bouncing from Trendline support
4. Time cycle for downtrend is matured
5. RSI Divergence
Bears Points:
1. LHLL
2. At 50 EMA moving average resistance