Price faced resistance at the 1200 - 1220 zone and falling. In higher time, the price is moving inside an ascending triangle. In a lower time frame, a falling wedge has formed. Both are bullish patterns. Holding 1160 is important for bulls.
Buying is risky if the price dont have volume strength.
Buy above 1168 with the stop loss of 1161 for the targets 1174, 1182, 1190, and 1198.
Sell below 1156 with the stop loss of 1164 for the targets 1148, 1140, 1132, and 1126.
Always do your analysis before taking any trade.
Buying is risky if the price dont have volume strength.
Buy above 1168 with the stop loss of 1161 for the targets 1174, 1182, 1190, and 1198.
Sell below 1156 with the stop loss of 1164 for the targets 1148, 1140, 1132, and 1126.
Always do your analysis before taking any trade.
Trade active
Long, t3 done.Trade closed: target reached
Done. 
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Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.