Chart Published is giving us a good look at the potential buying opportunity as it is testing weekly previous resistance zones as support.
In Weekly charts it is testing the same levels which used to be resistance once and now acting as support.
Price is holding these levels and making a range.
But remember until it closes above the consolidation zone no entry is to be taken as price might break down too.
Why we should buy at these levels?
Ans is simple risk to reward is good.
2 Targets has been plotted for the reference.
Keep an eye.
Fingers crossed & Happy Trading.
Thanks & Regards
Saurabh from Learner's Paradise.
Price is holding these levels and making a range.
But remember until it closes above the consolidation zone no entry is to be taken as price might break down too.
Why we should buy at these levels?
Ans is simple risk to reward is good.
2 Targets has been plotted for the reference.
Keep an eye.
Fingers crossed & Happy Trading.
Thanks & Regards
Saurabh from Learner's Paradise.
