High confluence zone of measured move, anchored VWAP, liquidity zone of previous lows. Confirmed move below 1.1 level of measured move opens up the possibility to reach 1.618 fib extension levels.
Not financial advice.
Not financial advice.
Trade active
Update: We are in our buying zone now. Let's see if the trade works out. Not Financial advice Incredible risk to reward ratio at these levels.
Trade closed: target reached
Wasn't picture perfect in USD terms with a slight overshoot, in terms of INR, the chart looked even better. Overall a great success.
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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.