WHY BULLISH ? REASONS : 1 . A Long Consolidation And W Pattern ( Which Are Very Important In Terms Of Trend Decider ) Have A Breakout As Seen In The Graph Shared .
2 . Rsi Divergence Breakout Is Also Visible In The Graph .
3 . Best Part Is - As I Am Writing This Article - The Global Market Sentiment Has Gone Bullish - Right Now As I Write This - Global Market Is Up Over An Average Of 2 Percent Which Is Highly Supporting The Breakout .
4 . One is to Two point Five Risk Reward Ratio Can Be Achieved.
5 . Still Best Entry Comes When Day Candle Is Closed Above This Box Created In The Graph [ Above 117.40 ] Else 1 Hr Candle Has Given The Breakout Still Day Candle Will Give Better Confirmation .
10 Percent at 129 ( and 15 Percent at 136 if price action supports) can be achieved .
Warm Request - Kindly Comment If Anyone Find This Information Helpful Or Anyone Who Takes Position In This After Reading This Article .
Trade closed: target reached
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First target is achieved . If price action supports then other targets are- tradingview.com/x/Gb6VSbJV/
Good analysis, liked it. pointed good direction for taking action. Today's red candle is coming inside Bollinger Band's upper level. I think we need to watch. May get a chance to enter at around 118
Abhishekingx
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@Bondon Thankyou , Happy to know your point of view as well .