HINDPETRO hourly showing Compression Triangles with ABC and half of D leg done. Best Idea and setup is to wait for E leg to complete and trade the breakout but we traders always dont do the best. so this is my setup for HINDPETRO For playing D rest of leg.
BUY above 433 SL 420 TGT 455
Any rejection around 455 area can initiate E leg and can short with SL 490 will update the targets when E starts.
BUY above 433 SL 420 TGT 455
Any rejection around 455 area can initiate E leg and can short with SL 490 will update the targets when E starts.
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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.