Price is moving up and forming rising wedge pattern. Double top resistance is at the zone 57900 - 58000. Price should gain bullish strength to break the resistance.
Pattern : Rising wedge.
Range : Medium.
Trend strength : Normal.
Buy Above : 57740.
Stop Loss : 57640.
Targets : 57820, 57900, 57980, 58080 and 58200.
Sell below : 57540.
Stop Loss : 57620.
Targets : 57460 ,57380, 57300, 57180 and 57100.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Pattern : Rising wedge.
Range : Medium.
Trend strength : Normal.
Buy Above : 57740.
Stop Loss : 57640.
Targets : 57820, 57900, 57980, 58080 and 58200.
Sell below : 57540.
Stop Loss : 57620.
Targets : 57460 ,57380, 57300, 57180 and 57100.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
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.
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.
