Daily Chart
The first hesitant candle in 7 bullish sessions forming an Outside day, trading both above and below yesterday's trading range. Coming on the heels of a long rally, such volatility could set up a reversal.The cluster of resistances around the highs of today, 11898, makes such a reversal more probable.
Keep a stop of today's lows on longs and a stop of today's highs on shorts.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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