Important : Please Note all price action research report posted here are author’s own idea of trading strictly for education purpose only and it is not any form of advice or recommendations or any opinion to anyone.
Bullish Pin Bar Price Action Trade Forecast For Zinc on 7th July
As we found a Bullish Price rejection in Daily Chart of Zinc in Higher Low area. According to trend level signal Zinc seems to be bullish in coming days.
As the next resistance of zinc is quite far we can expect good bullish movement in coming few days.
Overall we can trade the bullish pin bar trade set up in zinc. Here we can buy @ 142.80 for the target of 150 and the stop loss will be 139.50 .
See the bullish pin bar set up below in Daily Time Frame
Happy Trading.