{{Trade Setup}} 1. Price in a downward channel since May. A breakout on 4th Oct, with volume. With subsequent retest & took out high of the breakout candle indicating follow-up buying post-breakout. 2. 200MA acts as long-term support.
Note: Please take trades after making your own analysis. This chart is a showcase of my analysis alone, & the trade mentioned is one I'll be taking based on my convictions. This is NOT a trade recommendation