SYSBuy1 at CMP or around 390 - 392 | Sell around 405 - 408
Buy2 around 380 - 382 | Sell around 390 - 392
Stoploss 370 (Closing basis)
SYS trade ideas
Will SYS breaks its triangleSYS is showing bullish divergence with RSI on daily time frame. Pull back is observed after testing ascending trend line of the triangular pattern. First resistance lies at the touch of upper triangle line around 438 and if it breaks and sustains then second resistance lies around 450. Risk is define below 405 break below of the structure.
SYS:PSX is in process of making a Bearish AB=CD patternSYS:PSX on 1H timeframe is in process for making a potential AB=CD pattern. No divergence presently exists. Therefore Long Order 1 (Buy Stop) has been placed above point B with SL set below point C. TP1 and TP2 have been set for Long Order 1. PRZ has been projected at potential point D however confirmation and Short Entry shall only be made if Bearish Divergence forms at Point D.
