The price opened with a gap up on Friday, but it was unable to sustain and fall down. Now it has formed a descending triangle pattern. Sustaining the current levels and breaking the trend line can make the price bullish.
Buy above 81640 with the stop loss of 81500 for the targets 81760, 81900, 82040, 82200, 82380, 82600, 82780, 82940 and 83120.
Sell below 81400 with the stop loss of 81560 for the targets 81280, 81140, 81000, 80880, 80700, 80540, 80380, 80200 and 80060.
Always do your analysis before taking any trade.
Buy above 81640 with the stop loss of 81500 for the targets 81760, 81900, 82040, 82200, 82380, 82600, 82780, 82940 and 83120.
Sell below 81400 with the stop loss of 81560 for the targets 81280, 81140, 81000, 80880, 80700, 80540, 80380, 80200 and 80060.
Always do your analysis before taking any trade.
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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.