Patterns seen in the chart are
1. Rounding bottom - bullish pattern(it can form a handle)
2. Consolidation zone - neutral, break-out can happen in any direction.
Buy above 240 with the stop loss of 238.5 for the targets 241.5, 243, 245 and 247. Resistance is seen at the 247 - 248 zone.
Sell below 236 with the stop loss of 238 for the targets 234.5, 232, 230 and 228.
Always do your analysis before taking any trade.
1. Rounding bottom - bullish pattern(it can form a handle)
2. Consolidation zone - neutral, break-out can happen in any direction.
Buy above 240 with the stop loss of 238.5 for the targets 241.5, 243, 245 and 247. Resistance is seen at the 247 - 248 zone.
Sell below 236 with the stop loss of 238 for the targets 234.5, 232, 230 and 228.
Always do your analysis before taking any trade.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
