Kopran is making series of higher highs and higher lows for past couple of months.So lets try to ride its another move, picking from the lows.
Its correcting in a channel pattern and forming Inverted head and shoulder pattern at the same time in lower time frame.
There is two key zones from where price could possibly turn bullish which is highlighted with pink box in charts.
Upside targets are 295 and 310 respectively.
Lets see how price would react in marked zone,price in higher time frame seems very bullish but structural shift from bearish to bullish in lower time frame must keep in mind.
Always trade with more confirmations.
Its correcting in a channel pattern and forming Inverted head and shoulder pattern at the same time in lower time frame.
There is two key zones from where price could possibly turn bullish which is highlighted with pink box in charts.
Upside targets are 295 and 310 respectively.
Lets see how price would react in marked zone,price in higher time frame seems very bullish but structural shift from bearish to bullish in lower time frame must keep in mind.
Always trade with more confirmations.
