Daily Timeframe
Stock in an Uptrend.
Retracing back to the Daily RBR level of around 29.2.
Looks a good opportunity to go long on a retracement to the Demand Zone.
Stock was trading in a sideways range & then broke out. Now some retracement happening, which provides an opportunity to go Long. Planning to time the Trade as per the Daily RBR Demand Zone.
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👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows...