Price is moving in an ascending channel and facing resistance at the level 125. In daily chart, though the price is bullish, it is near to trend line resistance. Buy above 126 with the stop loss of 124.5 for the targets 126, 128, 130 and 132. Sell below 122 with the stop loss of 123.5 for the targets 120.5, 118, 116 and 114.
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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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