* TSM has bounced back from the last bottom in Oct 22
* It has not made a series of HH and HLs
* Accorrding to the FIB Golden zone the confirmation of bullish reversal is at 102 to 104 Area
Plan A :
Entry Suggestion once the bullish reversal is confirmed
Entry @ 104
SL @ @ 92
TP 1 @ 111
TP2 @ 125
Plan B :
Entry can be made now since the current Trend line has been tested 2 times already successfully and seems it will bounce forward from here
Entry @ CMP (~84)
SL @ 78
TP 1 @ 104
* It has not made a series of HH and HLs
* Accorrding to the FIB Golden zone the confirmation of bullish reversal is at 102 to 104 Area
Plan A :
Entry Suggestion once the bullish reversal is confirmed
Entry @ 104
SL @ @ 92
TP 1 @ 111
TP2 @ 125
Plan B :
Entry can be made now since the current Trend line has been tested 2 times already successfully and seems it will bounce forward from here
Entry @ CMP (~84)
SL @ 78
TP 1 @ 104
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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.