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PriceActionSpotter
Jan 6, 2022 2:09 PM
ALBERT DAVID 1:3 RR TRADE 🔥Â
Long
NSE:ALBERTDAVD
1D
ALBERT DAVID
NSE
Description
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Jan 6, 2022 2:09 PM
NSE:ALBERTDAVD
price action structure is drawn on the chart above.
After breaking out 2 times prior to the current breakout, price went into consolidation mode without giving big momentum.
This is the 3rd time price is breaking out of the structure. A trade can be taken in view of price releasing big momentum in the coming weeks.
Targets: 750/800/900+
Sl- below 625, trail accordingly.
It is important to note that price can again go into consolidation mode as anything can happen in stock market. Our analysis are just as good as 2ng guessing. Hence, follow risk management. HAPPY TRADING!
Trend Analysis
Chart Patterns
Wedge
ALBERTDAVD
breakout
priceaction
expandingchannel
NIFTY
nifty50
More