Rational:
1. Sideways movement almost for 3 months by now.
2. On Day TF, has made bullish double bottom and now consolidating for accumulation in narrow range.
3. Entry at the breakout of this short range with small SL of around 3 %. Entry : 7355; SL: 7140; Target: Follow thru with 9 EMA.
1. Sideways movement almost for 3 months by now.
2. On Day TF, has made bullish double bottom and now consolidating for accumulation in narrow range.
3. Entry at the breakout of this short range with small SL of around 3 %. Entry : 7355; SL: 7140; Target: Follow thru with 9 EMA.
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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.