On Daily time frame, TELE price has bounced twice from Fib 55~65% region. Now it is potentially making two harmonic patterns i.e. Cypher and Shark. RSI is also around 55 means it has space to go up to 70 to 80 easily. Trade spanning over 2 weeks in sight.
Trade Values
Buy-1: 12.43 (CMP)
SL: 11.90
TP-1: 13.35 (Cypher)
TP-2: 14.43 (Shark)
Trade Values
Buy-1: 12.43 (CMP)
SL: 11.90
TP-1: 13.35 (Cypher)
TP-2: 14.43 (Shark)
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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.