12.08.2024
Buy 1163
Target 1260
Stop Loss 1115
Risk Reward- 1:2
1. Inside bar breakout after good consolidation
2. Weekly Doji breakout
3. 200 EMA Rejection
4. Price rejected at 0.618 Fibonacci level
5. Gradual decrease in volumes in downtrend.
6. Strength of bear candles reduced.
7. RSI has reached over sold and now recovered to 40
8. Price rejection at resistance turned to support zone
Trade active
Picking the movementTrade closed: target reached
Target Reached!!8.32%
Risk Reward-1:2
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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.