Market price is above the 50 day Moving Avarage if the price breaks the barrage of 6371 first target is 6800 - 6850 second target is 7278. First target is more possible than the second target. For the second target to happen; market price has to be up above to 200 days Moving Avarage.
Note
Sorry for my false entry it has to be Long Position NOT Short. Thank you for your understanding. :) I will be up to date from now on. If you find my ideas enlightening and want more please LIKE & FOLLOW.
Trade closed: target reached
the market price reached to the first target which 6800 usd . Position is closed with profit
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