The price bounced off support and has broken out of the descending triangle. A close above the descending triangle would see the price retest area of resistance.
Entry: CMP
Target: 0.62-0.7-0.81
SL: 0.47039
This would be invalidated if the market closes below the descending triangle.
Entry: CMP
Target: 0.62-0.7-0.81
SL: 0.47039
This would be invalidated if the market closes below the descending triangle.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.