After a sharp bull run of 7 days, as such there is no sign of reversal or retracement yet, as there is no divergence on RSI and Klinger is also showing bull run. Therefore, one may continue entering the trade.
However, for me price should come down a bit at around 236~246 level. Then after staying in that region for a week or two to define a new Higher Low, it should enter another bull run.
For that my trade would be:-
LONG Trade Values
Entry (Buy): 236 ~ 246
TP: 350
SL: 210
However, for me price should come down a bit at around 236~246 level. Then after staying in that region for a week or two to define a new Higher Low, it should enter another bull run.
For that my trade would be:-
LONG Trade Values
Entry (Buy): 236 ~ 246
TP: 350
SL: 210
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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.