IIG and TD ReinforcementIIG has the reversal pattern of TD Reinforcement in daily chart and also TD Buy Setup in weekly chart. We can apply both chart for trade setup with competitive rewards. However, don't forget to manage your risks well before trading. Good Luck!Longby surapatsPublished 3
IIG | Elliott Wave Analysis | Falling Wedge Breakout Target +22%Price action and chart pattern trading setup: > A minor wave 2 correction ended with a falling wedge breakout with a potential target +22%. > The current price is trading between SMA200 and SMA50 - a possible pullback entry at SMA50 and 20 golden cross price position. > Stop @ the lowest inverted head & shoulders -7% > Risk reward ratio: 3:1 Always trade with affordable risk and respect your stoploss. Good LuckLongby dukeposhPublished 0