Hello peeps, so as you can see we are in a bearish downtrend trendchannel.
12300 is getting rejected and we are hovering around 12400
12480 next res which could turn into supp after breakout
How I would play this:
Wait for market open, look for clear break of trend channel and a retest of a near support after breakthrough and then upward momentum
12300 is getting rejected and we are hovering around 12400
12480 next res which could turn into supp after breakout
How I would play this:
Wait for market open, look for clear break of trend channel and a retest of a near support after breakthrough and then upward momentum