Technical Analysis : On the 1-hr time frame the price is bouncing around the neckline of the double bottom. The double bottom signals a potential reversal especially when it is located around a key level (here support). Our expectation now, is a move upward to the 53808.27 mark. ------------------------------------------------------------------------------------- Trade Idea:
Buy Order @ 50810.03 Take Profit 1 @ 53808.27 Take Profit 2 @ 53821.00 Stop Loss @ 49314.50
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