Reasons for Buy
1) 1st Bull Fractal Break resulting into impulsive upmove
2) bear fractal not broken and support taken
3) price move up after 1st FFB , SB also moving UP
4) Arriving at the Support formed during impulsive move with lots of indecision and higher lower wicks, which shows lower price rejection
5) forming bullish engulfing previous 2 candles
6) Daily Perfect Kumo Breakout
Entry: if Current Monthly Candle engulfes previous 2 candles at close. Take Entry 1 tick above high of this candle
Stop Loss: CB 422
TARGET 1: 668.2
TARGET 2: 814.7
TARGET 3 :1051.7
1) 1st Bull Fractal Break resulting into impulsive upmove
2) bear fractal not broken and support taken
3) price move up after 1st FFB , SB also moving UP
4) Arriving at the Support formed during impulsive move with lots of indecision and higher lower wicks, which shows lower price rejection
5) forming bullish engulfing previous 2 candles
6) Daily Perfect Kumo Breakout
Entry: if Current Monthly Candle engulfes previous 2 candles at close. Take Entry 1 tick above high of this candle
Stop Loss: CB 422
TARGET 1: 668.2
TARGET 2: 814.7
TARGET 3 :1051.7
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.