Amaraja Battery - Long setup
Updated
Long idea basis multiple confluence
1) Retraced back to 38.2 level of recent high
2) Hammer candle
3) Hammer candle closed about 50 ema
4) Cup and holder pattern.
Target would be the depth of the cup, which comes to 1350 - 1400
Note: Personal analysis for educational purpose.
1) Retraced back to 38.2 level of recent high
2) Hammer candle
3) Hammer candle closed about 50 ema
4) Cup and holder pattern.
Target would be the depth of the cup, which comes to 1350 - 1400
Note: Personal analysis for educational purpose.
Trade closed: target reached
All target achieved and trade closed.
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