Spotted Falling wedge which already breakup to form continuous rising channel. My both oscillating indicator signal overbought situation which mean we will have compulsory retracement before the next leg up. Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
BLUE: POSSIBLE ENTRY ZONE
GREEN: SELL TARGETS
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Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
BLUE: POSSIBLE ENTRY ZONE
GREEN: SELL TARGETS
Do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade closed: target reached:
Immediate sell target achieved, I believe you guys sold off there and buy back lower.
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