Pattern Formed- Big W pattern
Major resistance - $14.60
The commodity has broken major resistance $14.60 and jumped till $14.78. It is currently trading around $14.63
Any break above $14.60 will confirm minor trend reversal , a jump till $15.15/$15.70 is possible .
On the lower side major support is around $14.30 and break below targets $14.05/$13.85.
It is good to buy above $14.60 with SL around $14.25 for the TP of $15.15/$15.70
Major resistance - $14.60
The commodity has broken major resistance $14.60 and jumped till $14.78. It is currently trading around $14.63
Any break above $14.60 will confirm minor trend reversal , a jump till $15.15/$15.70 is possible .
On the lower side major support is around $14.30 and break below targets $14.05/$13.85.
It is good to buy above $14.60 with SL around $14.25 for the TP of $15.15/$15.70