ACC Good chance for Buy ! AB=CD Pattern
A very good opportunity for buying ACC which also offers a very good risk:reward of morethan 1:2
Also note that it has formed a double bottom very recently around the fib extensions of 1.618 along with Bullish Divergence in RSI. As these gives out enough reasons for going long I will be looking forward to Buy these in coming days.
Check your trade plan and reasons to enter the trade and if this idea suits..Hop on for the upward move.
Hit Thumbs Up for Likes...
Share/Comment your views...
Happy Trading !
Also note that it has formed a double bottom very recently around the fib extensions of 1.618 along with Bullish Divergence in RSI. As these gives out enough reasons for going long I will be looking forward to Buy these in coming days.
Check your trade plan and reasons to enter the trade and if this idea suits..Hop on for the upward move.
Hit Thumbs Up for Likes...
Share/Comment your views...
Happy Trading !
Related publications
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.