Price is moving in uptrend and recently take a correction Price started forming HH, HL again after taking support from golden pocket Trendline resistance breakout and retest is observed Morning star formation at Trendline support confluence a bullish potential Take entry with SL below 140 (aggressive), 131 (conservative) Trail SL and enjoy the ride
There is weakness signs after a good up trend: 1- Bearish Divergence 2- Bearish Break to VAWP 3- Doji candle for last month (monthly frame) possible for 2 scenario lead to retest 200 MA
Updated Values after Split on Oct 20th 2022 Breakout is observed Series of HH, HL Formation of HL (Retest) Entry can be taken at current level (47.7) Trade with SL, Target Prices (fib levels) are mentioned, Ride the trend with trailing stop loss
Breakout is observed Series of HH, HL Watchout for the formation of HL (Retest) Aggressive entry can be taken at current level (74.6) Safe entry can be taken after formation of HL Trade with SL, Target Prices (fib levels) are mentioned, Ride the trend with trailing stop loss