From the start of this year the CNERGY has been struggling to sustain it journey to north and has not been successful in its attempts. In all this a triangle has been formed suggesting that it will resume its journey in whichever direction it breaks. Currently the price is breaching the upper trend line creating a bias for upward movement.
SL for the trade is 3.40 & correspondingly the TP is 5.40. Close above 5.40 shall lead to the medium term TP which is 7.48
Wishing you Profitable Trading
SL for the trade is 3.40 & correspondingly the TP is 5.40. Close above 5.40 shall lead to the medium term TP which is 7.48
Wishing you Profitable Trading
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