TNB is approaching its lowest price zone. And buying at the lowest price is always a good solution because of low risk but high returns.
TNB is going in two patterns : Falling Wedge and possibly a Broadening Right Angled Descending Pattern. The target of both these models is the 29-30sts zone and if it is successfully broken, it will reach the 45sts zone but I do not believe this possibility in the current market situation.
📈BUY- LONG Strategy
- Buy in the 12-13sts zone, stop loss if the 1D candle closes below 12sts
📉SELL-SHORT Strategy
- Sell in the 18-19sts area
- Sell in the region 28-29sts
- Sell in the 44-45sts area
♻️BACK-UP Plan
- Wait for buy at 8sts