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UnknownUnicorn2321966
Nov 8, 2019 7:36 PM

AXISBANK ASCENDING WEDGE PATTERN Short

AXIS BANKNSE

Description

IT IS AT CRITICAL FIBONACCI`S 50 % LEVEL WHICH SHOULD NOT BE BROKEN IF IT BREAKS TARGET FOR SHORTS ARE 702 AND 678 PLUS IT IS MAKING ASCENDING WEDGE PATTERN IT SHOULD CLOSE BELOW LOWER TREND LINE ON CLOSING BASIS OF WEDGE TO CONFIRM DOWNTREND GOOD LUCK
NOTE: IT IS MY PERSONAL VIEW NO ADVICE TO ENTER THE STOCK

Comment

let one day candle be closed today

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doji candle made beware now

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good green candle made

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red candle today

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target 705

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closed below lower trendline

Trade closed: target reached

Comment

made good in short side

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target for long maybe 762 now

Order cancelled

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