PAEL is in sideways zone. It has established a support zone at Fib 38.20% by bouncing twice from there. Another dip is quite possible. Resistance zone is quite large and it is expected that it may take a month to break across it.
Therefore, Buy on dip will be the way to go.
Trade Values
Buy-1: 38.11
SL: 36.80
TP-1: 43.49
Buy-2: 46.61
SL-2: 43.20
TP-2: 57.10
TP-3: 59.24
Therefore, Buy on dip will be the way to go.
Trade Values
Buy-1: 38.11
SL: 36.80
TP-1: 43.49
Buy-2: 46.61
SL-2: 43.20
TP-2: 57.10
TP-3: 59.24
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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.