Price action is trending inside the channel and now nearing the lower band of the channel. Trend line support is seen at 285. Closing below the support zone 285 - 281 will make the price to move towards 278, 265, 258 and 254. If price takes support and bounce back from lower channel /trend line support, it will make the price to move towards 315 and 335.
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Short @ 281. First target 278 reached.
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From channel support target one(315) reached!
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Price went up to 329
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High today is 334.2!
Trade stängt: målet nått
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All targets done!
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chetanmeghani
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Very good setup...very impressed.
One question: Are you working on price action + RSI
One question: Are you working on price action + RSI