As observed the price moving has been in a channel respecting the top and bottom of the channel. Everytime it has touched the top of the channel , it has been an excellent selling opportunity. More importantly, it has formed a bearish reversal pattern, the evening doji star at an important resistance levels of 287-291.
Seeing these three points evening doji star pattern, resistance at important levels and also at the top of the channel, makes it a sell.
Conservative traders can wait for a pullback to enter.
Exit levels 292.50.
Seeing these three points evening doji star pattern, resistance at important levels and also at the top of the channel, makes it a sell.
Conservative traders can wait for a pullback to enter.
Exit levels 292.50.