Hero MotoCorp - Wait for a pullback
A green hammer has formed at the monthly support. Overall, a heavy downtrend is seen. 
In the weekly, the Price turned sideways from a downtrend from April. There is a stiff resistance at 2750. Nothing is so bullish from the RSI.
In the Daily, price has broken the Trend Line but without good momentum.
For an entry long, I want to see good price action after a pullback to 2400 levels or 2350 levels in the 75 min time frame. As of now, I will not take a long entry.
In the weekly, the Price turned sideways from a downtrend from April. There is a stiff resistance at 2750. Nothing is so bullish from the RSI.
In the Daily, price has broken the Trend Line but without good momentum.
For an entry long, I want to see good price action after a pullback to 2400 levels or 2350 levels in the 75 min time frame. As of now, I will not take a long entry.
註釋
As expected, pullback made to the Weekly support. No long entry yet
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Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
| afzallokhandwala.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。