BDL - potential 45% upside

Daily Chart (Left side)
  • Price bounce off from previous strong demand zone
  • Price breaking out of previous swing high


75 min chart (Right side)
  • Previous up-trend with high volumes
  • Price consolidation and Volume Contraction
  • Price breakout of consolidation with good volume spike


Trade Execution
  • Buy if price crosses about last candle high 1275
  • Target All Time High 1700-1800
  • Stop loss 1193 on daily closing basis
  • Trailing Stop Loss SAM/EMA 20 daily or SuperTrend 10,3
Multiple Time Frame AnalysisSupply and Demand

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