As per the price action on hourly chart, it is observed that the price action consolidated after a sharp correction to the previous gap up levels. Now price action formed a pennant triangle pattern, indicating continuation of prior strong bearish move. The price action may further fall down to 325-330 levels.
It is a low risk, high reward trade setup.
T1- 335 T2- 325 SL- 348
It is a low risk, high reward trade setup.
T1- 335 T2- 325 SL- 348
Trade active
Trade closed: target reached:
T1 reached
