INTELLECT DESIGN ARENA
Long
Aggiornato

Corrective Phase about to complete

201
The structure indicating that the scrip in last leg of corrective phase - wave 2

Crossing Swing highs would make a valid Inverted Head & Shoulder Pattern - as the move in head was a clean 5 wave structure. A probable Trend reversal on long term chart.

We would be looking to have a starting position on green closing (daily TF) and add as and when the swing high breaks.

Invalidation point for our trade would be 393

Ordine annullato
14-3-23 e.o.d. update

Structure invalidated as 393 was broken intraday

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