1. we have a bullish RSI divergence.
2. The double top got invalidated by not breaking the support which was the neckline and srongly rebounded.
3. Now trading above the cloud , tankan and keijun also the chikou is pointing upwards with open space .
So looking to retest 1250 support line and move upward to test 1296.
2. The double top got invalidated by not breaking the support which was the neckline and srongly rebounded.
3. Now trading above the cloud , tankan and keijun also the chikou is pointing upwards with open space .
So looking to retest 1250 support line and move upward to test 1296.
Trade closed: target reached