structure shift, breakout followed by consolidation.
nothing much to describe as chart is self explanatory.
fresh breakout above 72 in todays trading session.lower level of range @ 65 can be new base for further up move from this price and hence can be a good level for sl on the downside.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
fresh breakout above 72 in todays trading session.lower level of range @ 65 can be new base for further up move from this price and hence can be a good level for sl on the downside.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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