Sail Cup and handle pattern
Updated
Sail is in fibonacci 50 and 61.8% crucial zone
price is showing cup and saucer pattern in daily time frame
price is above 50 and 100 dema
we can observe good momentum aftyer brreaching 84
93.9 and 103.5 an be seen as possible hurdle on upside so can be kept as targets
78.38 -77 can be kept as sl if we take a positional trade based on risk appetite
price is showing cup and saucer pattern in daily time frame
price is above 50 and 100 dema
we can observe good momentum aftyer brreaching 84
93.9 and 103.5 an be seen as possible hurdle on upside so can be kept as targets
78.38 -77 can be kept as sl if we take a positional trade based on risk appetite
Trade closed: stop reached
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