ICICI BANK LTD.Long
Go Long
1. Forming short term Bullish trend
2. Forming Right shoulder of H&S pattern.
3. Formed falling wedge (It's reversal bullish pattern)
4. Formed Bullish Divergence in RSI (Green Line)
5. Took support on strong Support Line (Red).
6. Crossed the 50 EMA
Note: Lets the candle form SWING HH & HL and break the down trendline (Golden Line).
Target : 360, 375, 390
SL 330
2. Forming Right shoulder of H&S pattern.
3. Formed falling wedge (It's reversal bullish pattern)
4. Formed Bullish Divergence in RSI (Green Line)
5. Took support on strong Support Line (Red).
6. Crossed the 50 EMA
Note: Lets the candle form SWING HH & HL and break the down trendline (Golden Line).
Target : 360, 375, 390
SL 330
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