4250
Trading Strategy
- Use Hekin Ashi Candles
- Buy @ Current Market Price
- Keeping SL @ 18.7
- TP @ 22.69 or First Down Candle Close
Retail:
- Taken Support from 18.95-19.62 Zone
- Exited Falling Wedge Forming Since 17 April 2022 with Target @ 27.11
- Broken Trend line since Aug 2022 and taken support on it on 16 Mar 2022
- First Daily Resistance @ 23.00
- Taken Support from Golden Pocket for a downward rally since 23 Oct 2022
- Volume Increase from the break of trendline and Resistance Zone @ 18.95-19.62
Smart Money:
- Internal Positive CHoCH was detected on 13 March 2023
- Mitigated the FVG on 15 March 2023