In daily chart, stock has already taken supports at demand zone and started to move up. In short time frame we can also see a previous high break of 46.60. Watch out for trend line breakout in Daily time frame for high Risk to reward trade. We can enter trade if price manages to close above 50. All possible targets are already marked in the chart.
This is just my observation. Do your own analysis before making any financial decision.
This is just my observation. Do your own analysis before making any financial decision.
Comment:
Breakout- T1 Achieved.
Comment:
Trade closed: target reached:
Previous Pattern target achieved and Fresh Cup and handle breakout.
