Price has seen a quite long accumulation phase. Price is still in Parallel channel.
But being a seasonal/cyclic SCRIPT, it is expected to give sharp up trend in Nov~Jan time period.
Fib retracement has been used to identify the key areas of TPs.
Buy Trade Call
Buy: 8.40
SL: 7.23
TP1: 10.08
TP2: 12.83
TP3: 15.38
TP4: 18.00
But being a seasonal/cyclic SCRIPT, it is expected to give sharp up trend in Nov~Jan time period.
Fib retracement has been used to identify the key areas of TPs.
Buy Trade Call
Buy: 8.40
SL: 7.23
TP1: 10.08
TP2: 12.83
TP3: 15.38
TP4: 18.00
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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.