LAURUS LAB By KRS Charts
Updated
Date: 21st Aug 2024
Time: 9:32 AM
Why Laurus Lab?
1. Correction Wave was finished with 5th wave low in Mar 2023, after that it gradually moving up and made upside channeling.
2. Currently price is sustaining above 100 EMA and likely to reversed from that too. 🤞
3. why I'm keen to post L Lab is because along with both above points its likely to close and try to be making Morning Star at bottom in 1W TF.
Lauras Lab is at better price at this level with Future Targets of 525 and 605.
SL would be flexible Weekly Closing Below 100EMA
Once Morning Star Closing will confirm at end of this week this trade will Activated 🎇
Time: 9:32 AM
Why Laurus Lab?
1. Correction Wave was finished with 5th wave low in Mar 2023, after that it gradually moving up and made upside channeling.
2. Currently price is sustaining above 100 EMA and likely to reversed from that too. 🤞
3. why I'm keen to post L Lab is because along with both above points its likely to close and try to be making Morning Star at bottom in 1W TF.
Lauras Lab is at better price at this level with Future Targets of 525 and 605.
SL would be flexible Weekly Closing Below 100EMA
Once Morning Star Closing will confirm at end of this week this trade will Activated 🎇
Note
Breakout in hourly TFs
Decent 2 % Upside Move 👍
Note
Red Dotted Line Breaks (As shown in Chart)
Let it sustain and it will reach 490 Soon ⬆️👍
Note
Yesterday Closing was not sustained Breakout
But today it seems stronger 👍⬆️
Trade active
GOT THIS AT GOOD LEVELS ✅
PERFORMING WELL 🤩
BREAKOUT AND SUSTAINED 👌⚡
Trade active
3% in Green and at Major Resistance 🤔🤞Trade active
Its Breakout!! 🤩🤩Trade active
Current Return ~13% ✅
Few % away from T1 ⚡🤞
Trade active
1D UPDATE
- Golden Zone Reversal ✅
- New Entry / AVG 👍
Trade active
Perfect Retest on Broken Resistance as we can see in Chart ⚡🔥
& today closing with Decent 1.23% Upside from golden zone. ✅↗️
Trade active
Came to Entry Point and Again Recovering back-to-back day.🔅
This type of move is Considered as a Genuine move because no FVG Gap has left empty for Downside in future 🙌
Trade active
HLs In Laurus Lab !!Trade active
Breaks Recent High After HLs ‼️📈Note
Target 1 Reached !!!Note
MORE THAN 80% of Targets🎯 reached
I am giving Exit Criteria for Laurus Lab is 4H Timeframe and 8 EMA, Price close below this EMA close all the positions ⚠️⚠️
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.