https://www.tradingview.com/x/y4lDmEZI/
Entry possible when day candle close above 39.
Upcoming targets : 45/47/58
Entry possible when day candle close above 39.
Upcoming targets : 45/47/58
Trade active
Hoping for successful retest from the current level next week.Trade active
First Target of 45 achievedTrade active
Second target 47 doneTrade active
For risk takers, if the market is favorable, target of 58 is achievable. For others, can exit at the current price (51.5) with a gain of at least 30% (from 39 ---> 51.5).Trade active
Update for long term risk takers, holding from above 39, a cup and handle pattern is formed in the weekly chart and expecting retest up-to 43. If retest is successful, the price will move up from 43 levels. Also in daily chart frame, the price is moving downwards from the high of 56.5 during the rally, and expected to take support from 61.8% fib retracement levels.
Trade closed: stop reached
Retest failed. Downtrend expected to 36/33 levels
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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.
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.