Swing trade gets filled and we have got an uptick too on the charts. Traders hold on to entry stop for the new position. MACD Histogram is starting its upward journey from below zero. There are possibilities when there is a new high from the current move, histogram might not give a head above zero too, where MACD lines will give strong bearish divergence.
We will exit long position below the low of next down tick bar. Value zone moves up to 5193-5219, going tight with reduced speed shows that the prevailing trend exhibits tiredness. Caution required now.
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