PTC is in a sharp bull run.
On Daily TF, after making a CUP& HANDLE pattern it is going upwards towards TP-1. Since there is no sign of divergence on RSI, therefore, instant buy can be initiated. On reaching TP-1 one must see the RSI indicator for any retracement sign, if no such sign present then continue riding the trend. On other hand on retracement, a new Buy can be initiated. Already defined Higher Low will be the Stop Loss.
Trade Call
Buy-1 (Mkt): 24.57
TP1: 26.52
SL : 18.82
Buy-2: 22.94
TP: 32.48
SL: 18.82
On Daily TF, after making a CUP& HANDLE pattern it is going upwards towards TP-1. Since there is no sign of divergence on RSI, therefore, instant buy can be initiated. On reaching TP-1 one must see the RSI indicator for any retracement sign, if no such sign present then continue riding the trend. On other hand on retracement, a new Buy can be initiated. Already defined Higher Low will be the Stop Loss.
Trade Call
Buy-1 (Mkt): 24.57
TP1: 26.52
SL : 18.82
Buy-2: 22.94
TP: 32.48
SL: 18.82
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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.