After making a low of 168 the price rebounds with a good momentum. Now the price has entered the resistance zone. The breakout of 178 will open the levels of 190.
GMMA Indicator for Trend Signs:
1. The degree and nature of separation in the long-term group of EMAs indicates a pause in the long term trend.
2. The degree and nature of separation in the long-term group of EMAs indicates a trend reversal.
Hit the like button!! Show some energy!!
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Thanks
Er. Simranjit Singh Virdi
GMMA Indicator for Trend Signs:
1. The degree and nature of separation in the long-term group of EMAs indicates a pause in the long term trend.
2. The degree and nature of separation in the long-term group of EMAs indicates a trend reversal.
Hit the like button!! Show some energy!!
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Thanks
Er. Simranjit Singh Virdi
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