Price is consolidating in the form of symmetrical triangle for the past 2 days after a good trend line break out. 150 will be the trend deciding zone. Higher time frame shows rounding bottom is forming. Lower time frame pattern is neutral.
Buy above 155.5 with the stop loss of 154 for the targets 157, 159 and 161.
Sell below 152.5 with the stop loss of 154 for the targets 151, 149 and 147.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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