1. Buy above BO 140
2. TARGET 170/210
3. SL 120
Analysis:
1. Breakout happened on descending channel
2. Now It is in accumulation phase.
3. 2 times rejected at 140 level.
4. We may see the uptrend if it breaks the accumulation zone.
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
2. TARGET 170/210
3. SL 120
Analysis:
1. Breakout happened on descending channel
2. Now It is in accumulation phase.
3. 2 times rejected at 140 level.
4. We may see the uptrend if it breaks the accumulation zone.
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.