LSIP trade ideas
LSIP - BEARISH CONTINUATION PATTERNLSIP is moving below the dynamic resistance area and forming the bearish continuation pattern. LISP has the possibility to continue moving downward after breaking the rising wedge pattern and reach the target area 1005.
*The roadmap will be invalid after LSIP hits the target area/resistance area.
LSIP HIDDEN BULL AND FIB CLUSTER
NB: DO MIND that These analyses i posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
LSIPAnalysis
Pattern : Head and Shoulder
Support: 860
Resist:1060
Volume: Great Bullish Volume
Risk:Reward=1:7
Plan
Target: 1. 1000, 2. 1300, 3. 1600
Entry Strategies: Buy and Average down on support, BOB if break 1070 with good volume and good market
Exit Strategy : Cut loss on 835
Desc: Stay Conservative if uncertainty haunted the market.