Trade the purple channel
LONG
Open: 7860
Close: 8200
As you can see we have hit key support and have left oversold territory.
We are in a descending channel and i feel its safe to take a long now at the bottom of the channel,
Closing again at the top (purple lines).
Open: 7860
Close: 8200
As you can see we have hit key support and have left oversold territory.
We are in a descending channel and i feel its safe to take a long now at the bottom of the channel,
Closing again at the top (purple lines).
Trade closed: stop reached
stops hit, support becomes resistance....
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