- 1st On the monthly timeframe a very strong bullish engulfing candle will take us to the major resistance level 155.00 for a long term investment. - 2nd The weekly timeframe has formed a falling wedge pattern which will take the price up after closing above 55MA. - the 55MA will be acting as the STOPLOSS and 200MA will be the TAKEPROFIT. - 14RSI is in bullish trend to target the 66.55 RSI resistance level. PS. Fundamental wise The signal might be effected due to Britain lock down.
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