Value Buy Setup
Monthly Time Frame
Aug 24- 20 MA support, Fib 50% and Trendline Support
Weekly Time Frame
Lower BB Support-
Daily Time Frame
In trend channel - 1 Year- Consolidated at lower support and Breakout on 20 Aug 2024
Price taken 3 times resistance from 20 MA- Closed above 20 MA on 21st Aug 24
RSI- Bullish Range Shift
Volatility Diversion- BB outside / Inside
Targets- 1st - upper BB in daily TF, 2nd - Trend Channel ,
If Channel Breakout- Next Target is Channel Depth ie around 1700.
Educational Purpose only
Aug 24- 20 MA support, Fib 50% and Trendline Support
Weekly Time Frame
Lower BB Support-
Daily Time Frame
In trend channel - 1 Year- Consolidated at lower support and Breakout on 20 Aug 2024
Price taken 3 times resistance from 20 MA- Closed above 20 MA on 21st Aug 24
RSI- Bullish Range Shift
Volatility Diversion- BB outside / Inside
Targets- 1st - upper BB in daily TF, 2nd - Trend Channel ,
If Channel Breakout- Next Target is Channel Depth ie around 1700.
Educational Purpose only
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.
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.