Hi team, we will initiate this trade once we get a confirmation of the bullish trend above the marked zone & the RR here is 1:1.5 which can be a 1:2.5 soon.
Stay tuned for such "fatega" and "udega" trades on daily basis.
1.Long term downtrend is already broken and now retesting that level.
2.There is an evident H&S pattern forming. When looking at the volume we could notice a good accumulation.
Aggressive traders/Investors can jump in at this level.
Those who need additional confirmation can wait until the formation is complete and the breakout.