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IDFC-Bullish swing- Will history repeats?

301
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02.09.2024
Buy- Above 115
Target- 119.5
Stop Loss-109.5
Risk Reward- 1:1

1.Breakout-Inside bar breakout
2.Trend- After very good uptrend price is under
downward range channel with frequent LH & LL formations.
3. key level- Price has bounced from horizontal support zone by
formation of triple bottom and
also from channel support level.
4.Volume- Good increasing volumes with above average level
5. EMA- W Patter breakout expected in narrow
view and Bullish flag in broad view(Different time frame)
6. Fair value gap rejection and price crossed 50% level in channel.
取消訂單
Trade cancel. Price has not reached above 115 for entering the trade

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