200 EMA at weekly timeframe will take support again ?
I’ve marked the dates where 200 EMA support taken in previous years 2009, 2012, 2016 and 2020. Now after 2 years market came close to that level 30500~.
Nice triangle has been formed in weekly chart and might break. Immediate target could be 32120~.
This is just my analysis and for educational purpose only. Please consult with your financial advisor before taking any trade.
Nice triangle has been formed in weekly chart and might break. Immediate target could be 32120~.
This is just my analysis and for educational purpose only. Please consult with your financial advisor before taking any trade.
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