Follow up to old post. Forming lower high and low and a gap to fill stay alert keep watching for any side breakout and retest. For now i still feel it might correct further. My strategy is buy on dip
I'm still learning and this is for my reference
Below 1462 support , Buy at red line sell at blue lines. Even if support of red line breaks 1440 is a strong support. Long term target 1600 1800+ . Every dip buy at the red support in small quantity once support is taken
Below the triangle looks like a flag. However market is is not about assuming but working on price action so wait for breakdown or breakout from triangle. Been a while since I checked up on this . So came with a follow up. Invest at your own risks.
Gap filling there ..
Yet price action forms a triangle like this , wait for breakdown or breakout. And go along the direction after confirmation.
Upper targets and below targets as in chart.
If gap filling happens support first will 355-358 range.