Dixon - Go Long
Updated
=> In Daily time frame follows rising channel pattern
=> Increase in volume shows bulls are in control
=> Important resistance level broken, but looks weaker. So one can go long by crossing yesterday's high by keeping yesterday's candle low as stop loss.
=> Target should be the channel pattern upper trendline.
Disclaimer => This is only for educational purpose, Trading involves Substantial risk of loss, pls consult your financial advisor before investing.
#Dixon #Stockmarket
=> Increase in volume shows bulls are in control
=> Important resistance level broken, but looks weaker. So one can go long by crossing yesterday's high by keeping yesterday's candle low as stop loss.
=> Target should be the channel pattern upper trendline.
Disclaimer => This is only for educational purpose, Trading involves Substantial risk of loss, pls consult your financial advisor before investing.
#Dixon #Stockmarket
Trade closed: target reached
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