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Price broke out of the tight trading range with an increasing volume. The rejection at the 288 region shows a selling pressure prevailing at the zone. Since the day closed higher, it is expected to give a move till at least 295 before the sellers step in to show their strength.
Entry will be above the day high and the stops just below the day low. Target 295 for half the positions and trail the remaining. To get a conservative entry, wait for a pullback and enter above the high of the pullback.
Entry will be above the day high and the stops just below the day low. Target 295 for half the positions and trail the remaining. To get a conservative entry, wait for a pullback and enter above the high of the pullback.
Transaction en cours
Trade fermée: cible de profit atteinte
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