Long ( Continuation Pattern )

Patterns are changing their structures , day by day algorithm trading various programmed trading are resulting change in the structure formation

Usually when there was less automated trading , the formation of any structure regular or complex , would have been identified easily and we use to forecast it in timely manner

But now world is changing or adopting fast mode result oriented methods , in my view they can only create small deviation in the structure

large part of the structure can still revile the strength and weakness on visual outlook ,

Here my view on this scrip is one small flash drop before it makes the move up ,

As a Fact i was strongly bearish on this scrip due to its momentum flow chart , but some how they are pushing this on the other side so up side to current forecast is intact

One can look for buy set up , and can book profits near the forecast target

تم فتح الصفقة:

now i am updating as trading active means any reversal after today sharp move
its possible it can resume the upside move

تعليق:

All right , Now it has corrected to the extent of forecast corrective structure

Now we need a reversal in order to go long ,