UPL Analysis for 9th Nov 2022

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Assuming 750.15 as last HH we should now wait for pullback which should reach ~736.0. This is where we take half position(Fib golden pocket) and wait for Bullish CHoCH to occur. If it occurs we take remaining half position as well with target of ~750, Note that if golden pocket is not respected we should exist trade immediately and wait for CHoCH to occur to enter again with same Take Profit and Stoploss.

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ملاحظة

Looks like 750.15 was not our HH and so this changes our estimates. We should wait for good HL to form within region 741.3 to 749.45 [assuming 759.50 is HH and we get pull back.]

Patience is key to good responsible trading :)

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ملاحظة

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