Price moving high towards channel top.. wait for reaction..

2019-11-15 18:40:14

Hello Traders.. we can see price moving higher towards channel top.... at current setup we have potential buy setup towards channel top as price is trading above 20/50 SMA's , however we are waiting for price to test channel top and either break above or faces rejection ... In case of break above we can continue with long continuation.. however in case of rejection we wish to see price also breaking below ascending trendline so that we can sell towards channel bottom or long term ascending trendline which we have in daily chart..

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