Go Long Acc cement - Reversal time
I am providing my analysis on weekly time frame . Based on pure Candle stick analysis without using any indicator .
If you can take a look at last few weekly candles price has corrected sharply .... and now it's candle size is decreasing ... it's making narrow candle every week .
And this week it looks like hammer ...
We can go long from here with pre-defined stop-loss or we can wait for a reversal signal and then enter .
If you can take a look at last few weekly candles price has corrected sharply .... and now it's candle size is decreasing ... it's making narrow candle every week .
And this week it looks like hammer ...
We can go long from here with pre-defined stop-loss or we can wait for a reversal signal and then enter .
Trade closed: target reached
Target Achieved in 2 weeks .... Enjoy From 1249.45 to 1392 -> 11.4% up
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.