Long
DOUBLE BOTTOM IN MAKING.
Updated
IF PRICE GAVE BREAKOUT IN TODAYS TRADING SESSION ABOVE 3665 THAN IT WILL CONFIRM DOUBLE BOTTOM PATTERN
SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG ABOVE 3665
STOP LOSS OF 3580 ON CLOSING BASIS
TARGET 4000-4400.
TIME FRAME-1-2 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG ABOVE 3665
STOP LOSS OF 3580 ON CLOSING BASIS
TARGET 4000-4400.
TIME FRAME-1-2 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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