alembicltD ENTRY=121 TEST LEVELS =132/140 SL=118
IT HAS BEEN FOLLOWING UP THE SUPPORT AND RESISTANCE LATELY AND IS LIKELY TO FOLLOW THE SAME FOR THE SHORT TERM VIEW MY SL IS JUST AROUND THE DEMAND AREA (RECTANGLE)
KEY POINTS
1)RSI SHOWS AND UPWARD SPIKE
2)CANDLE HAS BEEN RETESTED WITH A GREEN DOJI
3)RR MANAGED 1:3.5
4)CURRENT PRICE LESS THAN INTRINSIC VALUE
mark your charts keep tracking the rsi i might be wrong here in this one but my r:r is thoroughly managed
lets see and hope for the best
keep updating yourself from the news too even.
stay home & stay safe
HAVE MARKED POSSIBLE RESISTANCE LEVELS IN RESPECT OF RSI TOO TP IS AROUND MY SUPPORT AREA .
GOOD RISK REWARD RATIO SHOULD BE EASY
IM NOT A FINANCIAL ADVISOR.
