On Daily time frame, TELE price has bounced twice from Fib 55~65% region. Now it is potentially making two harmonic patterns i.e. Cypher and Shark. RSI is also around 55 means it has space to go up to 70 to 80 easily. Trade spanning over 2 weeks in sight.
Trade Values
Buy-1: 12.43 (CMP)
SL: 11.90
TP-1: 13.35 (Cypher)
TP-2: 14.43 (Shark)
Trade Values
Buy-1: 12.43 (CMP)
SL: 11.90
TP-1: 13.35 (Cypher)
TP-2: 14.43 (Shark)
交易结束：到达止损
SL was hit. So exited the trade with minimal losses. Now price has dropped to previous support zone. One may take entry in this SCRIPT cautiously as price can either go up or further down following the parallel channel (which is making Lower Highs and Lower Lows).
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