WEEKLY CHART
A) 4 Year Long Descending Triangle Breakout.
B) Consecutive Weeks Increased Volume.
C) Price Taken Support at FIB 50% Multiple times.
4) Long Term Upper Resistance break with
convincing Volume.
OPTION #1 : Long Position can be taken now in the range of 510-518 for the target of 550/580/620.
OPTION #2 : Can Also Look for Retracment for entry if comes to around 460-480 Level
It is expected that you are following Risk/Money
Management according to you...!!!
A) 4 Year Long Descending Triangle Breakout.
B) Consecutive Weeks Increased Volume.
C) Price Taken Support at FIB 50% Multiple times.
4) Long Term Upper Resistance break with
convincing Volume.
OPTION #1 : Long Position can be taken now in the range of 510-518 for the target of 550/580/620.
OPTION #2 : Can Also Look for Retracment for entry if comes to around 460-480 Level
It is expected that you are following Risk/Money
Management according to you...!!!