it may be an impulse wave.
Updated
detail had explained inside the chart. in my point of view over all the trend has changed. we may expect a small high and then a fall for around 60% and then with previous low as stop we can think of going long. and impulse 3rd wave may be possible.
if it is a triangle then this point of entering 1.07600-1.07200 will give u a good reward . if it goes straight up from here 1.06343 will be our stop loss.
the irregular running flat may extend to 1.03654.
disclaimer. I'm not a SEBI registered advisor. before taking your trade kindly do your own analysis or consult your investment advisor.
i just shared my view.
if it is a triangle then this point of entering 1.07600-1.07200 will give u a good reward . if it goes straight up from here 1.06343 will be our stop loss.
the irregular running flat may extend to 1.03654.
disclaimer. I'm not a SEBI registered advisor. before taking your trade kindly do your own analysis or consult your investment advisor.
i just shared my view.
Note
with 1.08330 as stop we can consider an entry. as it cross 1.12682 trail the stop.
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