A doji candle formed on
CPI
at a strong support level. This is often a good indication that a reversal may occur. Along with this, the same candle broke through and closed above a resistance line that started forming on the 22nd of Aug. With today's price action the order has been triggered and we have entered into a long position. We are aiming for a target at around the 1800 level.
CPI
at a strong support level. This is often a good indication that a reversal may occur. Along with this, the same candle broke through and closed above a resistance line that started forming on the 22nd of Aug. With today's price action the order has been triggered and we have entered into a long position. We are aiming for a target at around the 1800 level.