⚡ Price Analysis:
1️⃣ Price structure is turning bullish.
2️⃣ Strong rejection candle formation near the support area, showing that the price is rejecting from lower levels.
3️⃣ Price needs to HOLD above 500 to continue the upmove
⭐ Key Observations:
➡️ Good Reversal Potential
➡️ Anticipating a strong trendline breakout to get more strength.
➡️ RRR is favourable.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. For learning ONLY. Views are personal. Please, do your due diligence before investing.⚠️
🍀Cheers! 🔥
1️⃣ Price structure is turning bullish.
2️⃣ Strong rejection candle formation near the support area, showing that the price is rejecting from lower levels.
3️⃣ Price needs to HOLD above 500 to continue the upmove
⭐ Key Observations:
➡️ Good Reversal Potential
➡️ Anticipating a strong trendline breakout to get more strength.
➡️ RRR is favourable.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. For learning ONLY. Views are personal. Please, do your due diligence before investing.⚠️
🍀Cheers! 🔥
Trade active
1st Safe TP (around 530) is done. Trendline breakout looks good for more upmove.
Now, going for 2nd TP around 587. 1st Tp will be the TSL now.
Anubrata Ray ⚡
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Anubrata Ray ⚡
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.