We can see two patterns in the chart.
1. Wedge
2. Consolidation.
Bullish - If price breaks the consolidation zone with volume.
Bearish - If price is unable to sustain above the consolidation.
Buy above 485 with the stop loss of 481 for the targets 489, 493 and 498.
Sell below 478 with the stop loss of 482 for the targets 474, 470 and 466.
Do your own analysis before taking any position.
1. Wedge
2. Consolidation.
Bullish - If price breaks the consolidation zone with volume.
Bearish - If price is unable to sustain above the consolidation.
Buy above 485 with the stop loss of 481 for the targets 489, 493 and 498.
Sell below 478 with the stop loss of 482 for the targets 474, 470 and 466.
Do your own analysis before taking any position.
Trade active
Long.Note
T1 done. Note
High made was near to t3 497.6 Trade closed: target reached
Done 498. 
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.