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!!
Happy minting!!
Comment:
Update SL to 820
Comment:
T1 reached on 28th,
Taking support at 100% fibonacci level,
Hold with TSL at 820
Taking support at 100% fibonacci level,
Hold with TSL at 820
Comment:
Keep holding with CBSL at 820
Comment:
Target 1 and 2 reached
Comment:
Update CBSL to 840
Trade closed manually:
Closed below CBSL