7204 was in correction for a while within descending parallel channel.
Take entry now (with aggressive or conservative SL) and ride the trend.
Do proper risk management based on your portfolio and appetite.
- Breakout followed by retest is observed on parallel channel.
- Price has started showing HH, HL formations after
- taking support from horizontal line
- which is also golden pocket fib level.
- A Bullish divergence is also formed.
Take entry now (with aggressive or conservative SL) and ride the trend.
Do proper risk management based on your portfolio and appetite.
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