Disclaimer: Please take trades according to your risk appetite & analysis. This chart is by no means intended to be a recommendation.
a) Price has been respecting a round support forming since 5 months.
b) With such a strong rounding base, a good up move upon breakout can be expected. But currently price is trading in a channel.
c) Today a strong candle has formed at support. Aggressive entries can be above today's high. For safer entries, I will wait for close above 62.2.
Targets up to 83 with SL of 51.
a) Price has been respecting a round support forming since 5 months.
b) With such a strong rounding base, a good up move upon breakout can be expected. But currently price is trading in a channel.
c) Today a strong candle has formed at support. Aggressive entries can be above today's high. For safer entries, I will wait for close above 62.2.
Targets up to 83 with SL of 51.
