Reasons for bullish bias:
- Price is at weekly support
- Weekly bullish engulfing and hammer formation at support
- Volume Pump
- No divergence
Entry Level(CMP): 65.96
Stop Loss Level: 60.79
Take Profit Level 1: 71.13
Take Profit Level 2: 76.3
Take Profit Level 3: Open
- Price is at weekly support
- Weekly bullish engulfing and hammer formation at support
- Volume Pump
- No divergence
Entry Level(CMP): 65.96
Stop Loss Level: 60.79
Take Profit Level 1: 71.13
Take Profit Level 2: 76.3
Take Profit Level 3: Open
Trade active
Setup still solid! With double bottoms formed and strong bullish divergence supporting it!! Price also gave neckline breakout! Let's ride :)
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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.
Related publications
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.