Below observations are made before going long
1)Increasing volume with increasing volume.(Good uptrend)
2)Volume is reducing as price moving towards support
3)If price sustains above 113 lvl with above avg volume then trade will be highly confirm
4) Observe price action and volume on chart for better understanding..
Target 1 - 140 (RR - 1:4)
Target 2 - 160 (RR - 1:7)
Target 3 - 180+ (RR - 1:10+)
Note - Above analysis is for learning purpose only..
1)Increasing volume with increasing volume.(Good uptrend)
2)Volume is reducing as price moving towards support
3)If price sustains above 113 lvl with above avg volume then trade will be highly confirm
4) Observe price action and volume on chart for better understanding..
Target 1 - 140 (RR - 1:4)
Target 2 - 160 (RR - 1:7)
Target 3 - 180+ (RR - 1:10+)
Note - Above analysis is for learning purpose only..