Comment if you have any doubts regarding my idea. I also would like to read about how I could have improved my analysis, so comment where I could have improved.
Trade closed: target reached
As expected ZEEL broke the support at 131.65 and is currently at 119.6. Target is 110
Note
SL for second possibility was set wrong. It should have been 158. Trade is not closed. Target of 110 has to be achieved
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