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koolshanin
Oct 31, 2016 7:33 AM

EWA LUPIN trade setup Long

LUPIN LTDNSE

Description

Lupin after falling from highs is expected to complete ZZ correction with

WC =0.618WA near

Now the possibilities of lupin are
1. create complex correction with W as ZZ
2. Create Double ZZ
3. Create change in cycle.

now one minor cycle 1-2/1-b is expected to be completed in lupin.

cmp 1495
SL 1440
Target 1 1570
Target 2 1636
Reward min 75
Reward max 141
risk 55
ROR1 1.4
ROR2 2.6
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