PEL: The Pullback Trade

Updated
Everything is explained on the chart.
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JJSingh
Note
It will stay range bound until it gives closings above 1085
Note
CMP 1038
Note
PEL is flying with a strong break of consolidation.
CMP 1100
Trade closed: target reached
First target zone hit..cmp 1272
Trade closed: target reached
1420 hit.
Chart PatternsMarubozuPELpullbacktradetargetpricetrianglebreak

JJ Singh
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