UPL Multi Time Frame Analysis . ( 1 Day & 75 Min ) UPL Multi Time Frame Analysis . ( 1 Day & 75 Min )
Trade Type :- PULLBACK
On Daily
Price Making HH And HL's ( With A Higher Volumes )
Going Up Volumes Are Greater Then Avg .
It Made A High Of 449.70 ( With Low Volume Bar & Bearish Candle )
After Making High It Retraced Till Fib 0.5 Levels And Taking Support On that levels .
Price Taking Support On 34 Days EMA .
After Entering Demand Zone Price Made A Doji Which Shows Indecisiveness .
On 75 Min .
RSI Is Giving Divergence .( Momentum Is Shifting )
Trade Plan
ENTRY :- Buy Above Doji ( 411 )
STOP LOSS :- 388 ( Where Last Demand Came )
Target
432 ( Strong Resistance)
Swing Target :- 460-475 ( FIB Extension )
Happy Trading
