UPL seems to have formed double top pattern and now it has come to retracement level of neckline after breakout and then giving clear rejection for the upside move.
Also, we are seeing a clear reversal in the uptrend in the daily timeframe. so possibly can test previous swing high of 650
Also, we are seeing a clear reversal in the uptrend in the daily timeframe. so possibly can test previous swing high of 650
Trade active
Note
Price moving as expected!Trade closed: target reached
Target 1 is achieved.Trade closed: stop reached
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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.