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It is been observed that the price action is trending up while forming higher lows. Now, it has broken a strong resistance zone of 435 - 438 levels and now shall move fuel up further up.
Target 1: 445
Target 2: 455
Stoploss: 430
Target 1: 445
Target 2: 455
Stoploss: 430
Trade active
Trade active:
Breaks above resistance zone. Regards
Trade closed: target reached:
Target 1 reached successfully. Regards
Comment:
Now, looking for Target 2. Regards
Trade closed: target reached:
Target 2 reached successfully, Regards
Comment:
Now, Re-enter at 440 levels. Regards
Trade active
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@NeeteshJain, Not really, But it's great putting ideas here, Getting people's love just by sharing our knowledge with them.
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newbie here. how do you conclude the BO is upward and not downwards - is it the higher lows in March which indicates this?
How do you spot a false BO in such scenarios?
How do you spot a false BO in such scenarios?
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