12039 Channel breakout
Reason for long
a) Channel breakout
b) monthly postive candle
c) Open = Low Signal candle for long
d) Signal candle with gap up is dual signal set up
e) Consolidation breakout
f) Breakout of 300 level induces the wave 3 set up
g) SL compulsory, as break of sl induces the wave 5 Hence SL compulsory
a) Channel breakout
b) monthly postive candle
c) Open = Low Signal candle for long
d) Signal candle with gap up is dual signal set up
e) Consolidation breakout
f) Breakout of 300 level induces the wave 3 set up
g) SL compulsory, as break of sl induces the wave 5 Hence SL compulsory
Trade closed: target reached
T1
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