Mentioned below are the points to be considered Points as per TA on a Daily & 4H Chart:
1. Awaiting break out of Falling wedge. 2. Butterfly Pattern completed with entry point confirmed. 3. Waiting for close above 20 EMA = 1550 on 1D chart. 4. RSI is at 44.30 on a Daily Chart. 5. MACD crossed above signal line on 11th Sept 2023. 6. Hull Moving Average is a Buy Signal on Daily & weekly chart. 7. Price may retest the breakout point. Projected target as per Butterfly Harmonic pattern provided in the chart.
Stop Loss: provided on chart. Disclaimer: “The above is an idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.