The setup is all set for a breakout with good volumes and RSI in momentum.
Key level: 175-180 levels: Could act as a resistance. Be cautious! Wait for the right price action.
Breakout will be confirmed once it crosses this key level. If it does, bears would be trapped at top levels and a swift upside momentum could be seen in intraday session.
Let's wait for more price action.
Disclaimer: Take this trade for educational purpose and trade on your own risk.
Happy trading!
Key level: 175-180 levels: Could act as a resistance. Be cautious! Wait for the right price action.
Breakout will be confirmed once it crosses this key level. If it does, bears would be trapped at top levels and a swift upside momentum could be seen in intraday session.
Let's wait for more price action.
Disclaimer: Take this trade for educational purpose and trade on your own risk.
Happy trading!