Price currently consolidating after breakingout from falling wedge. Two possibilities can follow from here, either the rally to continue by price breaking the bullish pennant consolidating zone or price heading down for a pullback towards the wedge top trendline.
We plan to trade this by go for immediate long and holding our stop loss below the local support zone. The target for this LONG will be our potential NECKLINE ZONE.
But, should incase price break the local support best BUY back zone and major demand area is shown on the chart with Pink zone.
Thanks
We plan to trade this by go for immediate long and holding our stop loss below the local support zone. The target for this LONG will be our potential NECKLINE ZONE.
But, should incase price break the local support best BUY back zone and major demand area is shown on the chart with Pink zone.
Thanks
Trade active:
Price finally go straight down to pick buyers from the important demand zone and it is expecting to continue rising with immediate target to be major supply zone.
Make sure to manage your risk accordingly
Make sure to manage your risk accordingly
Trade active
Trade closed manually
Trade closed manually:
Reason for the close of the call.
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