MoneyMunch.com |
MCX Nickel Double Top – Potential Reversal Posted: 20 Oct 2020 01:15 AM PDT According to this chart, MCX Nickel is making a double top chart pattern. It’s at risk of a bearish trend after double top formation. Wherein the first top at 1158.4 level, and the second top can be between the range of 1160 – 1176. If it’s a second top, nickel will make a large false break pin bar here. That might be up to the 1176 level. Afterward, the short-term traders can sell it for levels of 1106 – 1076 and below. Here I have drawn a neckline as a support trendline to get an accurate exit/entry point. Wait for the right entry-level, don’t sell above 1160 level. Further information I will update to the premium subscribers only. Would you like to get our all commodity updates instantly? We have an option for you. Do you want to get Premium Calls only? If you have any questions or concerns about Commodity Market then contact by following ways: Have you any question/feedback about this article? Please leave your queries in the comment box for answers. The post MCX Nickel Double Top – Potential Reversal appeared first on Moneymunch. |
You are subscribed to email updates from Moneymunch. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States |