PEL POSITIONAL - LONG
PEL(FOR LEARNING PURPOSE ONLY)
1) Phase 1 (Accumulation) Completed
2) In the midst of Phase 2 (Mark up)
>> We can see expanding volume when price moves up and contracting volume when price retraces
ENTRY [\i]
BUY WHEN PRICE RETRACES BACK TO HL
TARGETS[\i]
TG1 - 1600
TG2 - 1900
Note
TG1 REACHED
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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.