ANL has been stuck in Trading Range since long.
According to simplest method of Trading in a Trading range "BUY LOW SELL HIGH", it has recently touched the bottom of trading range and has given strong signs of upward reversal.
Four things validate its reversal upwards:
1. Crossed above 1H 20 EMA
2. Posted a Higher Low
3. Made a 1H Bullish FVG
4. Made a 1H Bullish Breaker Block
4. Much Heavier Volumes on Up leg so far
🚨 TECHNICAL BUY CALL – ANL🚨
🎯 BUY ZONE: Rs. 7.90-8.10
📈 TP1 : Rs. 8.65
📈 TP2 : Rs. 9.00
🛑 STOP LOSS: BELOW Rs 7.60(Daily Close)
📊 RISK-REWARD: High Conviction | 1:2.75
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
According to simplest method of Trading in a Trading range "BUY LOW SELL HIGH", it has recently touched the bottom of trading range and has given strong signs of upward reversal.
Four things validate its reversal upwards:
1. Crossed above 1H 20 EMA
2. Posted a Higher Low
3. Made a 1H Bullish FVG
4. Made a 1H Bullish Breaker Block
4. Much Heavier Volumes on Up leg so far
🚨 TECHNICAL BUY CALL – ANL🚨
🎯 BUY ZONE: Rs. 7.90-8.10
📈 TP1 : Rs. 8.65
📈 TP2 : Rs. 9.00
🛑 STOP LOSS: BELOW Rs 7.60(Daily Close)
📊 RISK-REWARD: High Conviction | 1:2.75
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
Trade chiuso: obiettivo raggiunto
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.