DISCLAIMER: This idea is NOT a trade recommendation, but only my observation. Please take trades based on your own analysis
Following points to be noted:
1. Price broken out of a descending triangle.
2. Price has also taken support from a higher TF demand zone.
3. Triangle breakouts from such oversold zones have a higher probability of success.
4. Targets are the pattern height of the consolidation structure itself.
The following trade can be initiated:
Entry - CMP, Tgt- 2400, SL - 1790, RR - 1:2.2
Following points to be noted:
1. Price broken out of a descending triangle.
2. Price has also taken support from a higher TF demand zone.
3. Triangle breakouts from such oversold zones have a higher probability of success.
4. Targets are the pattern height of the consolidation structure itself.
The following trade can be initiated:
Entry - CMP, Tgt- 2400, SL - 1790, RR - 1:2.2
Trade ativo
Repeated selling rejections from the mentioned Demand zone, but unable to cross swing highs. 
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.