07 Apr Looking at Daily Chart


Looking at Daily Chart, the price is trading in this declining channel. Long as the price is contained within this channel the view remains Bearish. Any price movement in upside direction should only be corrective for further downside move. Indication of reversal of recent fall might have been given by the candle on Thursday and strong move after than on Friday. We will have to wait and see what unfolds ahead.
Trade Safe :)

Comments

Popular Posts