Bullish Indication.
Bulliish trend intact.
Price value in between 1hour resistance zone
Bullish parallel channel intact
JXY seasonaly moderately bullish
Trade plan to Buy / Long position
Entry point above the support / resistance zone @ 75.75
Stop Loss below the support / resistance zone @ 75.15
Take profit below the support / resistance level @ 77.25
Bearish Indication.
Bearish candles formed
Price value within the support channel
Price under the 4 hour trend line
Trade Plan to Sell / Short
Entry price below the support / resistance zone
@ 75.15 with bullish candle
Stop loss @ above upper limit of support / resistance channel @ 75.80
Take profit on the middle support line @ 74.41
Bulliish trend intact.
Price value in between 1hour resistance zone
Bullish parallel channel intact
JXY seasonaly moderately bullish
Trade plan to Buy / Long position
Entry point above the support / resistance zone @ 75.75
Stop Loss below the support / resistance zone @ 75.15
Take profit below the support / resistance level @ 77.25
Bearish Indication.
Bearish candles formed
Price value within the support channel
Price under the 4 hour trend line
Trade Plan to Sell / Short
Entry price below the support / resistance zone
@ 75.15 with bullish candle
Stop loss @ above upper limit of support / resistance channel @ 75.80
Take profit on the middle support line @ 74.41
