Now SKL have vary strong up side potential, up to 175% growth in nearest 2-4 monthes! SL & TP mentioned at the chart. There are Elliott Wave #3 of 3. Most powerful moving in all Elliott Theory. SKL - STRONG BUY!
0.13038 entry
Stop Lose 0.125
Risk Ratio:- 5%
Reward:- 30%
According to technical analysis
its broke the trend line .
break out but chances to retest the
Resistance is now being tested at 0.12462 and 0.12930 in case of penetration and with penetration confirmation and conversion of resistance to support at 0.1290point we will see the currency rise above 0.1400 - 0.1500
Kumo cloud and Fib retracement position below from cmp cloud give a good entry.
Use stop loss and take 50% TP at 0.11795 and 50% TP at 0.1264.
After bids get filled and the price moves above 0.1131 move stop loss to entry.
Always less leverage so less loss if things turns opposite.
