M&M: Analysis
Keep an eye on M&M it has given a suspected breakout from parallel channel and retracing back to original level. If this isn't a breakout hen their is a chance of upward momentum in upcoming days.
.
Reason to Buy:
1) Possible breakout from parallel channel formed in daily time frame.
2) Holding higher levels.
.
Safest entry point would be at 659.90 levels or above. Stop loss must be below the previous immediate swing. Calculate your RR ratio and trade accordingly.
.
Reason to Buy:
1) Possible breakout from parallel channel formed in daily time frame.
2) Holding higher levels.
.
Safest entry point would be at 659.90 levels or above. Stop loss must be below the previous immediate swing. Calculate your RR ratio and trade accordingly.
Catatan
Fake breakout market sentiment is negetiveCatatan
Forming a parallel channel.Catatan
Still Range-Bound.Trading ditutup: stop tercapai
SL Hit Exited trade
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.