It is bullish, provided it closes with this strong up candle only.
Komentar
HimanshuSardana
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Forgot to add, Before the Target 1 , SL was hit. This one is a Classic for a whipsaw.
HimanshuSardana
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It could not close with a bullish candle on the initiation day. Hence the strength was gone. But after the tough times of struggle with bears , it has come up to our T1 in just 2 days. A little waiting can payoff.
HimanshuSardana
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It could not close withe same big green candle. hence, should we abolish the trade? I am bullish as the trend is still up and no good indication of going down is there. let's wait and see it going up. it would take longer than expected time to reach targets as long as there is no indication in smaller time frames. like breaking of 88 levels is a bad signal here.