After posting recent High of 46.6, it retraced upto Fib level of 50%.
Bullish Divergence on RSI,
Breakout of Bullish Flag with relatively Good volume
Bulls are expected to gain strength
With very strict SL, nice Risk to reward ratio expected.
One can get immediate target of TP-1, then TP-2 (Previous High) and TP-3 (Bullish flag Projection level)
Bullish Divergence on RSI,
Breakout of Bullish Flag with relatively Good volume
Bulls are expected to gain strength
With very strict SL, nice Risk to reward ratio expected.
One can get immediate target of TP-1, then TP-2 (Previous High) and TP-3 (Bullish flag Projection level)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.