Bullish
1) Three white soldiers
2) Support at 37 and no major resistance till 48
3) Triangle Chart Pattern
Bearish
1) Making Lower Highs
2) Trend line resistance near current price
3) Fib 0.23 retracement level at 43
Trade Plan 1
SHORT
1) Entry Current Price i.e.41.9
2) Stop Loss : 43
3) Take profit : 40
Trade Plan 2
LONG
1) Entry When Candle Closes above 43
2) Stop Loss : 40
3) Take profit : 47.5
1) Three white soldiers
2) Support at 37 and no major resistance till 48
3) Triangle Chart Pattern
Bearish
1) Making Lower Highs
2) Trend line resistance near current price
3) Fib 0.23 retracement level at 43
Trade Plan 1
SHORT
1) Entry Current Price i.e.41.9
2) Stop Loss : 43
3) Take profit : 40
Trade Plan 2
LONG
1) Entry When Candle Closes above 43
2) Stop Loss : 40
3) Take profit : 47.5