PFC 2016 Diary- Look for a pullback 118-120 to buy
Updated
The Structure is looking choppy & confusing from a long term point of view as wave-4 looks not be completed yet as a possibility.
Trading Strategy
We shall look for a pullback in the zone 116-120 if holds downside on the trendline, then short term upside move could be expected in 130-133 zone.
This is how we moved in 2016
In below shown charts- click the chart & use load bar feature
Monthly Chart- Bullish Above 173
Look to buy in the Zone 97-105
Trading Strategy
We shall look for a pullback in the zone 116-120 if holds downside on the trendline, then short term upside move could be expected in 130-133 zone.
This is how we moved in 2016
In below shown charts- click the chart & use load bar feature
Monthly Chart- Bullish Above 173
Look to buy in the Zone 97-105
Trade closed manually
08:07 Hrs 18th Jan2017Last Price137
Did not get the pullback---hmmmm
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.