Price took support at fib key levels
Multi month trend line has been broken
After break out flag pattern has been formed
currently price has ema 50 , ema 100 as support near key fib 50% level
observe target (1) - 1026.4
target (2) - 1088.5
target (3) - 1178.4
stop loss ---- 927
Multi month trend line has been broken
After break out flag pattern has been formed
currently price has ema 50 , ema 100 as support near key fib 50% level
observe target (1) - 1026.4
target (2) - 1088.5
target (3) - 1178.4
stop loss ---- 927
Commento:
target 1 and target 2 reached book some profits
Trade chiuso: obiettivo raggiunto:
as there is decline in momentum (evening star pattern in daily time frame) exit and book profits as we already reached target 1 and 2