LTTS : All Time High Breakout is Expected Very Soon!
⚡Price Analysis & Overview:
1️⃣ The price has already tested the ATH resistance twice.
2️⃣ Price structure is bullish forming HH-HL
3️⃣ Need more volume support
4️⃣ IT sector is overall strong.
✨ My Plan:
➡️ I would wait for a better price for entry.
➡️ ATH BO is expected.
➡️ Aggressive entry can be made with 1:3 RRR
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
1️⃣ The price has already tested the ATH resistance twice.
2️⃣ Price structure is bullish forming HH-HL
3️⃣ Need more volume support
4️⃣ IT sector is overall strong.
✨ My Plan:
➡️ I would wait for a better price for entry.
➡️ ATH BO is expected.
➡️ Aggressive entry can be made with 1:3 RRR
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
Trade closed: stop reached
SL Done. ✅
- Structure failed to form a higher high!
- Broke the support.
- Exited with SL as the price is showing weakness, and holding a weak stock doesn't make any sense. It's better to accept the loss and move on.
Cheers!✌️
Note
Price structure says the outlook is clearly bearish now!
Anubrata Ray ⚡
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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.
Anubrata Ray ⚡
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.