TGT has taken the 50day EMA support few times and held on to that.Last 2 bars are green and trying for a breakout again for the rectangle top as target.
But we have few bars below that height too.
I will around 119.4 to 121.5 as target.
SL 3rd bar low (the first red bar from right)
A big move only after rectangle breakout.
I need to watch for that.
Note
As written i did trade in the 119.4 to 121.5 area.Now holding.
Note
Will add again at 123 today 30th July 123.6
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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.