alembicltD ENTRY=121 TEST LEVELS =132/140 SL=118
IT HAS BEEN FOLLOWING UP THE SUPPORT AND RESISTANCE LATELY AND IS LIKELY TO FOLLOW THE SAME FOR THE SHORT TERM VIEW MY SL IS JUST AROUND THE DEMAND AREA (RECTANGLE)
KEY POINTS
1)RSI SHOWS AND UPWARD SPIKE
2)CANDLE HAS BEEN RETESTED WITH A GREEN DOJI
3)RR MANAGED 1:3.5
4)CURRENT PRICE LESS THAN INTRINSIC VALUE
IT HAS BEEN FOLLOWING UP THE SUPPORT AND RESISTANCE LATELY AND IS LIKELY TO FOLLOW THE SAME FOR THE SHORT TERM VIEW MY SL IS JUST AROUND THE DEMAND AREA (RECTANGLE)
KEY POINTS
1)RSI SHOWS AND UPWARD SPIKE
2)CANDLE HAS BEEN RETESTED WITH A GREEN DOJI
3)RR MANAGED 1:3.5
4)CURRENT PRICE LESS THAN INTRINSIC VALUE