Price has broken the downward trend line and sustaining above it which is a bullish sign and now facing resistance.
Trend direction deciding zone is 19700. If price is unable to sustain above it, then it can fall towards 19500.
Buy above 19720 with the stop loss of 19680 for the targets 19760, 19800, 19840 and 19880.
Sell below 19620 with the stop loss of 19660 for the targets 19580, 19540 and 19500.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
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Above resistance.
Support and ResistanceTrend Lines

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