7204 was in correction for a while within descending parallel channel.
Breakout followed by retest is observed on parallel channel.
Price has started showing HH, HL formations after
taking support from horizontal line
which is also golden pocket fib level.
A Bullish divergence is also formed.
Take entry now (with aggressive or conservative SL) and...
Tanmiah is again at the trendline support confluence with horizontal support line.
Entry levels with SL are specified with TPs.
Manage your risk accordingly.
Tanmiah is respecting a trendline support
A recent resistance (horizontal line) is broken and converted into support. A retest at new support line is observed.
Aggressive and conservative entry levels with SL are specified with TPs.
Manage your risk accordingly.
