We can see two patterns in the chart.
1. Wedge
2. Consolidation.
Bullish - If price breaks the consolidation zone with volume.
Bearish - If price is unable to sustain above the consolidation.
Buy above 485 with the stop loss of 481 for the targets 489, 493 and 498.
Sell below 478 with the stop loss of 482 for the targets 474, 470 and 466.
Do your own analysis before taking any position.
1. Wedge
2. Consolidation.
Bullish - If price breaks the consolidation zone with volume.
Bearish - If price is unable to sustain above the consolidation.
Buy above 485 with the stop loss of 481 for the targets 489, 493 and 498.
Sell below 478 with the stop loss of 482 for the targets 474, 470 and 466.
Do your own analysis before taking any position.
Trade active:
Long.
Comment:
T1 done.
Comment:
High made was near to t3 497.6
Trade closed: target reached:
Done 498.
