It is been observed that the price action forming a bullish ABCD pattern, indicating further move up. It has retraced to 23.6% levels and now it shall further move up to 38.2% levels.
Target: 3482
Stoploss: 3375
Target: 3482
Stoploss: 3375
تم فتح الصفقة
Opened up at 3470 close to target but drops immediately after that, signaling selling pressure. Now, if it breaks and closes below 3322 levels, then it shall further move down.أغلقت الصفقة: تم الوصول لوقف الخسارة
The pattern did work out well due to this reason:Lesson: "If C retraces ~61.80% of AB, D should be 161.80% of BC" suggested by bbrijesh
منشورات ذات صلة
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منشورات ذات صلة
إخلاء المسؤولية
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.