CANFIN HOMES , Daily Analysis , Reversal Indication ?.
Updated
* Price Was Trending Downwards And Making Lower Low's .
* Price Made Its 1st Higher Low And Brock Last Lower High . (First Indication )
* RSI Giving Positive Divergence With Price Action .( Second Indication )
* Last Day Candle Was A consolidated Candle . ( Indecisiveness of Buyer And Seller )
# I Am Expecting A Drop Around 290-275 (Fib 0.5-0.618) Zone .
Will Find Bullish Pattern There And Go Long For A Target Of 350.
# If It Did't Give A Drop And Brock 321 Level With Good Vol . Then Go Long For 350 Target .( For Aggressive Traders )
Buy On Drip Will A good Opportunity With A Good Risk Reward .
Happy Learning .
* Price Made Its 1st Higher Low And Brock Last Lower High . (First Indication )
* RSI Giving Positive Divergence With Price Action .( Second Indication )
* Last Day Candle Was A consolidated Candle . ( Indecisiveness of Buyer And Seller )
# I Am Expecting A Drop Around 290-275 (Fib 0.5-0.618) Zone .
Will Find Bullish Pattern There And Go Long For A Target Of 350.
# If It Did't Give A Drop And Brock 321 Level With Good Vol . Then Go Long For 350 Target .( For Aggressive Traders )
Buy On Drip Will A good Opportunity With A Good Risk Reward .
Happy Learning .
Trade closed: target reached
Give Targets till 400 , enjoy the gains
ॐ
Join Your Telegram Channel
t.me/veensh00
Follow me On Twitter
twitter.com/Veensh
Join Your Telegram Channel
t.me/veensh00
Follow me On Twitter
twitter.com/Veensh
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.