Based on ABCD pattern and Dow theory, we can see that daily chart is suggesting HH and HL which means it may go up. Abit risky deal but since stop loss is very small so risk can be taken.
This analysis is done from learning point of view and should not be considered buy or sell call.
This analysis is done from learning point of view and should not be considered buy or sell call.
Note
Stop loss is 109.058Trade closed: stop reached
Stop loss hit
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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.