LONG OPPORTUNITY !!!
There is a long positional opportunity in icici bank ...
1) at a 15 min time frame there is a formation of decending triangle,its breakout may signal an upward movement
2) IF 50 EMA closes above the moving average its again signal for buy
3) A BULLISH ENGULFING pattern or bullish candle at the stucture zone is 100% confirmation for long.
NOTE: Trading is all about playing with probabilty along with skills, knowledge,and proper money management. NOONE is 100% sure in trading .
1) at a 15 min time frame there is a formation of decending triangle,its breakout may signal an upward movement
2) IF 50 EMA closes above the moving average its again signal for buy
3) A BULLISH ENGULFING pattern or bullish candle at the stucture zone is 100% confirmation for long.
NOTE: Trading is all about playing with probabilty along with skills, knowledge,and proper money management. NOONE is 100% sure in trading .
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