Take some risk on the counter trend trade
Valuetronics has sunk Low and in light of a potential bearish flag, we see some buying action after today’s bullish Engulfing Pattern at 38.2 retracement level. However do take not this is A COUNTER TREND TRADE. So exercise some caution
Note
Target met, Gonna shift SL to BE.
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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.