TASI, 2082: ACWA
Updated
1- Series of HH, HL --> Bullish Trend; Dow Theory
2- Above Trendline Support
3- Every time it hits trendline support, it takes upside movement
4- Biased: Bullish
Buy @ 160.8
SL Previous HL: 145.75
TP1 @ 180.5
TP2 @ 187.5
2- Above Trendline Support
3- Every time it hits trendline support, it takes upside movement
4- Biased: Bullish
Buy @ 160.8
SL Previous HL: 145.75
TP1 @ 180.5
TP2 @ 187.5
Trade closed: stop reached
Seems false break down.@15min: Took support from 31EMA and the price is at 200SMA resistance.
Once 20SMA is broken, watch for trendline resistance breakout.
Setup will be ready for long as per above trade plan.
Trail your stop loss after breakout
Trade active
Flase breakdown confirmed.Updated plan can be seen in profile
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