in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend.
Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on.
here sl should be - 102 (below morning star low), 1st tgt - 131 (immediate resistance) 2nd tgt - 150 (previous swing high).
Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on.
here sl should be - 102 (below morning star low), 1st tgt - 131 (immediate resistance) 2nd tgt - 150 (previous swing high).
交易進行:
till now 119.9
交易進行:
till now 122.5
交易進行:
till now 125.5
交易進行:
big move on fri, closed at 132.50, above upper bb, and bb is expanding in daily, sign of bullishness.
交易進行:
after making a swing high of 137, it corrected to 117 level, now it reversed from horizontal support, looks bullish now.
交易進行:
big candle formed with high volume, price closed above upper bb and BB is expanding. Looks bullish now,
交易進行:
price is approaching congestion area, currently it is near to trend line support level,
交易進行:
1st tgt achieved here, follow up chart,
price approaching overhead resistance, post successful breakout road will be clear for second tgt.
評論:
cmp - 137.8, successful breakout from the congestion area, looks bullish, higher tgts can be achieved here.
評論:
in daily, price is sustaining above middle bb and pushing upper bb upwards
交易結束：目標達成:
cmp - 150.10, 2nd tgt achieved here, cheers,
it took around 27 week, and gave around 29% return.
in current scenario, it has crossed previous horizontal resistance in weekly, looks bullish, much higher levels can be achieved here,
it took around 27 week, and gave around 29% return.
in current scenario, it has crossed previous horizontal resistance in weekly, looks bullish, much higher levels can be achieved here,
評論:
monthly chart shows that, next tgts at - 192, then 285,