The price is sustaining above the resistance at 85k, and the resistance is acting as support now. The pattern we are seeing in the chart is an ascending triangle, which can give a breakout to the upside. For this to work, the price should show bullish strength at the 85k zone.
Buy above 85060 with the stop loss of 84920 for the targets 85200, 85320, 85480 and 85600.
Sell below 84780 with the stop loss of 84920 for the targets 84660, 84520, 84400 and 84260.
Expected expiry day range is 84800 to 85400.
Always do your analysis before taking any trade.
Buy above 85060 with the stop loss of 84920 for the targets 85200, 85320, 85480 and 85600.
Sell below 84780 with the stop loss of 84920 for the targets 84660, 84520, 84400 and 84260.
Expected expiry day range is 84800 to 85400.
Always do your analysis before taking any trade.
Note
The price is facing resistance at 85450 - 85500. A pullback towards 85200 or 85060 can give an opportunity to move up. Trade active
Long. T2 done. Trade closed: target reached
Done. 
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.