ANL LONG TRADEANL has been stuck in Trading Range since long.
According to simplest method of Trading in a Trading range "BUY LOW SELL HIGH", it has recently touched the bottom of trading range and has given strong signs of upward reversal.
Four things validate its reversal upwards:
1. Crossed above 1H 20 EMA
2. Posted a Higher Low
3. Made a 1H Bullish FVG
4. Made a 1H Bullish Breaker Block
4. Much Heavier Volumes on Up leg so far
🚨 TECHNICAL BUY CALL – ANL🚨
🎯 BUY ZONE: Rs. 7.90-8.10
📈 TP1 : Rs. 8.65
📈 TP2 : Rs. 9.00
🛑 STOP LOSS: BELOW Rs 7.60(Daily Close)
📊 RISK-REWARD: High Conviction | 1:2.75
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
