Chart itself is self descriptive...
Repetition of same percentage increase after retracement.
Repetition of same percentage increase after retracement.
Trade closed: target reached
Note
Target reached in one day. Now it may retrace to 340 before it reaches 360 levels. The previous retracements are almost equal which shows this will act like previous the third time.
Trade active
Pattern continues and next target is 360.
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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.