Potential Swing Long: Berger Paints

Berger is on an important support zone, this zone is respected from Apr 2020, its also near its golden ratio zone of 0.618 levels.
Currently its continuing the downtrend once the downtrend is broken and price gives a positive close, we can initiate a long above i.e 465 level.
There is a unmitigated Order Block below so if the range is broken and price descends down we can take a new entry from the liquidity level once we get a positive closing.
Early Entry can be initiated with a strict SL, if a traps occurs below accumulation phase we can increase quantity near unmitigated Order Block.

Note: This is just for analysis purpose, please do your own research before punching any orders.

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交易進行

Started addition of quantity 😊

註釋

Safe Entry going to get activated soon