a promising setup but one needs to catch it on green closing above the previous week for best entry for trading and if one wanna buy a great R:R can enter at cmp but with strict SL SL will be closing basis below support zone in weekly timeframe or as per your setup
target as per fibo level one can take a sum of profit or trail as per fibo level or there own setup
one thing keep in mind its a weekly chart all the target must be follow on weekly basis do u own analysis i might be wrong
i am not a sebi registered advisor so trade on your own risk
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