Long
Is it time for Resuming the uptrend?
Updated
The script has retraced to 61.8% and taking a support here for past week.
It has also formed a descending channel after the bull run, forming bullish flag.
Considering last 10 days, it is forming an ascending triangle.
Breaking above the upper boundary of the channel + Upper boundary of ascending triangle,
chances are that the script will resume its bull run to 127.2%.
Enter the trade above 788
Target1: 854
Target2: 864
Target3: 880
SL 759.1
Any opposing thoughts are welcome, positive criticisms helps us learn.
Disclaimer: This is for educational purpose only. Trade after consulting your financial adviser.
It has also formed a descending channel after the bull run, forming bullish flag.
Considering last 10 days, it is forming an ascending triangle.
Breaking above the upper boundary of the channel + Upper boundary of ascending triangle,
chances are that the script will resume its bull run to 127.2%.
Enter the trade above 788
Target1: 854
Target2: 864
Target3: 880
SL 759.1
Any opposing thoughts are welcome, positive criticisms helps us learn.
Disclaimer: This is for educational purpose only. Trade after consulting your financial adviser.
Trade active
Trade active, broken both channel and ascending triangle...Happy minting!!
Note
Update SL to 820Note
T1 reached on 28th,Taking support at 100% fibonacci level,
Hold with TSL at 820
Note
Keep holding with CBSL at 820Note
Target 1 and 2 reachedNote
Update CBSL to 840Trade closed manually
Closed below CBSL
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