1. Price broke above the downtrend trendline and making higher lows.
2. Double Bottom confirmed as the neckline (494.20) broke with a huge volume.
3. RSI Divergence: Price making lower low but RSI making Higher High (see daily chart, low made on 14 Oct and 21 Oct 2020)
4. RSI in Harmony: Price making higher high but RSI making Higher High (see daily chart, high made on 15 Oct and 27 Oct 2020)
buy only above 510
Target 530/560/580
SL 483
2. Double Bottom confirmed as the neckline (494.20) broke with a huge volume.
3. RSI Divergence: Price making lower low but RSI making Higher High (see daily chart, low made on 14 Oct and 21 Oct 2020)
4. RSI in Harmony: Price making higher high but RSI making Higher High (see daily chart, high made on 15 Oct and 27 Oct 2020)
buy only above 510
Target 530/560/580
SL 483
Trade active
First Target hit
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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.
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.