Double bottom reversal with bullish engulfing candle in Titan
TITAN A double-bottom reversal from the 3120-3140 level can be bought and the target can be achieved at 3750-3800. A bullish engulfing candle has been formed in the weekly time frame confirming the reversal. A stop loss to 3150 or a closer swing is advisable. The risk-to-reward ratio can be managed at 1:4.
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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.