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
Operación activa
Repeated selling rejections from the mentioned Demand zone, but unable to cross swing highs. 
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.