major analysis is done based on 15m TF, entry and SL are based on it. a major down move is expected before a good rally. target is about 70rs. with 4rs SL. perfect for JAN FUTURE
long position 1:12 trade, have patience till the price reaches desired zone
GO SHORT FROM MY ENTRY, WITH A SL AS GIVEN, AND TARGET AS CLEAN LOW(LONG WICK REJECTION), IF U SEE SOME SORT OF REJECTION OR RETRACEMENT FROM THAT ZONE U CAN EXTEND UR TARGET TILL YELLOW ZONE, SINCE IT HAS BEEN TESTED ONCE SO PROBABILTY OF HOLDING FROM THERE IS 50-50.
TRIANGLE PATTERN BREAKOUT IN DAILY TIMEFRAME. TARGET 1 IS 325 AS THIS STOCK TOUCHED 325 FEW WEEKS BACK AND GAVE A CORRECTIVE PRICE TILL 280, SINCE NOW IT HAS BROKEN THE TRIANGLE PATTERN IN DAILY TIME FRAME YOU CAN EASILY SET A TARGET OF 325 IN FEW DAYS, AND 350 IN FEW WEEKS.
TRIANGLE FORMATION IN HOURLY TF, AS HIGHLITED IN GREEN 362-368 IS A MAJOR CONSOLIDATION ZONE, FEWS DAYS BACK WHEN SBIN CROSSED THAT LEVEL, BUT COULDN'T SUSTAIN. IF YOU HAVE SBIN IN UR PORTFOLIO MAKE SURE U HOLD IT FOR A BIT MORE LONG. #BANK
HOPE MY ANALYSIS WILL HELP YOU GUYS TO MAKE SOME PROFIT IN DODGE COIN. <3