Hi friends, it is 4 hour time frame chart of ITC
Observations-:
1-RSI trending up while price making lower lows.
2-Price completed breakout retest and bouncing from retest zone.
3-Second time price bouncing from same price zone
3-Breakout of Falling trendline.
On the basis of above observations i am going long in it.
Kindly like if you like my analysis.
Observations-:
1-RSI trending up while price making lower lows.
2-Price completed breakout retest and bouncing from retest zone.
3-Second time price bouncing from same price zone
3-Breakout of Falling trendline.
On the basis of above observations i am going long in it.
Kindly like if you like my analysis.
Note
AFTER BREAKOUT PRICE GRADUALLY PICKING UP MOMENTUM MARCHING TOWARDS TARGET ONE BREAKING A RESISTANCE BETWEEN TOO FRIENDSNote
NEAR TARGET ONE NOW I WILL REVISE MY STOP LOSS TO MY COST PRICENote
TARAGET ONE ACHIVED, MARKET IS NOT SO BULLISH SO TAKING 70% PROFIT NOW FRIENDS. REST POSITION WILL BE ON HOLD
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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.