Price took support at fib key levels
Multi month trend line has been broken
After break out flag pattern has been formed
currently price has ema 50 , ema 100 as support near key fib 50% level
observe target (1) - 1026.4
target (2) - 1088.5
target (3) - 1178.4
stop loss ---- 927
Multi month trend line has been broken
After break out flag pattern has been formed
currently price has ema 50 , ema 100 as support near key fib 50% level
observe target (1) - 1026.4
target (2) - 1088.5
target (3) - 1178.4
stop loss ---- 927
Note
target 1 and target 2 reached book some profitsTrade closed: target reached
as there is decline in momentum (evening star pattern in daily time frame) exit and book profits as we already reached target 1 and 2
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.
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.