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.
Trade active
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Trade active, broken both channel and ascending triangle... Happy minting!!
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Update SL to 820
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T1 reached on 28th, Taking support at 100% fibonacci level, Hold with TSL at 820