Channel breakout and retest in 15 minutes
Please refer my related idea where the first upper target 41200 has been touched and profits booking rest of the day.
A morning momentum was slowly eaten by profit bookings but market has retested the channel. Seems like flag pattern in 30 minutes also inverse head and shoulder yet to complete in 15 minutes.
I am currently with bullish mindset as it might touch 41200 again and further more from there. Whatever it’s better to respond based on the market direction.
Levels are going to be same upper side 41200 and 41800. On downside 40200 and 39700.
Always trade carefully because it’s your hard earned money.
Please note this is just my observation only and consult with your financial advisor before taking any trade.
A morning momentum was slowly eaten by profit bookings but market has retested the channel. Seems like flag pattern in 30 minutes also inverse head and shoulder yet to complete in 15 minutes.
I am currently with bullish mindset as it might touch 41200 again and further more from there. Whatever it’s better to respond based on the market direction.
Levels are going to be same upper side 41200 and 41800. On downside 40200 and 39700.
Always trade carefully because it’s your hard earned money.
Please note this is just my observation only and consult with your financial advisor before taking any trade.
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