In my last update we didn't find reversal at 11150 but here we can get reversal at 11450/499 level towards 11348/11240 level.
The middle messy part, leave it.
Thank you
We are out of the trade and pattern became in valid as soon as it made new high. Now dips can be used for going long(near 1313 level) for target of 1345/65 till it is above 1291 level
Thank you.
Looking for bounce of trend line
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Trading against the trend and going long once it holds 714/16 level for target 762. For sl wait for reversal and will update you with that. Risk takers can go long at the said level only and only IF IT HOLDS, with your risk management.
Reason to trade-1. This pattern has potential to fail and trap bears. You can look for indicators and volume to check that(which...
abc correction followed by another abc correction.
second correction might be triangle or again a ziz-zag or can be flat.
long until it breaks lower channel in lesser time
