DLF 1 D Time Frame Analysis Rounding Bottom Breakout
-Breakout has broken out of Rounding Bottom and successfully retested
-Volume spikes on breakout
- TGT's are given on chart
1. First TGT is the depth of the recent rounding bottom
2. Second TGT is 10 Year Old High of DLF & also a rounding number so it can face resistance
3. Third TGT is based on Trend Based Fib Extension
To achieve all the targets it needs to hold this levels
*Not an investment advice just my views*
-Breakout has broken out of Rounding Bottom and successfully retested
-Volume spikes on breakout
- TGT's are given on chart
1. First TGT is the depth of the recent rounding bottom
2. Second TGT is 10 Year Old High of DLF & also a rounding number so it can face resistance
3. Third TGT is based on Trend Based Fib Extension
To achieve all the targets it needs to hold this levels
*Not an investment advice just my views*
Trade closed: target reached
Hope you have make profit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.