is going a correction from the gain 14/04/09 to 20/04/09
For this downtrend, the correction had been 50% fibonacci, traders can take this chance to trade this shorting chance at
Sell
EP= 130.16 SL = 131.50 TP=124.50
If you want to trade the correction, there seems to be a breakout in triangle formation
Buy
EP = 128.15 SL=126.80 (in case of a reverse breakout) TP=130.14
1H EMA and Parabolic show uptrend , 4H Parabolic show uptrend
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