ASHOK LEYLAND LTDPembelian
S.C Ban Order & Bullsih Crab on Ashok Leyland, So Whats Next ?
Diupdate
Hi,
Supreme Court imposes ban on sale of BS-III vehicles from April 2, As a reaction Ashok leyland fallen sharply and completed a beautiful bullish CRAB Pattern.
It's worth to mention, recovery was so good and sharp with RSI divergence. (Assume structure has shown RSI BAMM, need to verify it).
It tested all the figures on PRZ during the fall and bounced back sharply and closed inside the channel.
On Technical Perspective, i have two targets for Ashok Leyland (61.8% and 127.2% of CD leg)
Target 1 - 88.7
Target 2- 95.9
Stop loss would be 2 XA = 78.8
Trade with Care
Gulz
Supreme Court imposes ban on sale of BS-III vehicles from April 2, As a reaction Ashok leyland fallen sharply and completed a beautiful bullish CRAB Pattern.
It's worth to mention, recovery was so good and sharp with RSI divergence. (Assume structure has shown RSI BAMM, need to verify it).
It tested all the figures on PRZ during the fall and bounced back sharply and closed inside the channel.
On Technical Perspective, i have two targets for Ashok Leyland (61.8% and 127.2% of CD leg)
Target 1 - 88.7
Target 2- 95.9
Stop loss would be 2 XA = 78.8
Trade with Care
Gulz
Trade aktif
good move from the channel bottomTrade aktif
finally impulses hereTrade aktif
Target 1 is closeTrading ditutup: target tercapai
Target 1 reached , holding for 2nd ( risk free trade)Trading ditutup: target tercapai
Here is the daily chart Catatan
A Hammer formed on 4 hr chart, watch out next candle Trading ditutup: target tercapai
oh - very close to second target - bullish crab worked well.Trading ditutup: target tercapai
2nd target also hit
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