BEL is at a critical resistance forming a neckline of reverse H&S pattern , from price action it looks it will break the line and give breakout upwards moving towards next resistance lying at 147 - 150 levels. once can go long with a SL of 109 and target of 148. remember to position size your trade according to your risk apatite.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.