Hi friends, it is 4 hour time frame chart of ITC
Observations-:
1-RSI trending up while price making lower lows.
2-Price completed breakout retest and bouncing from retest zone.
3-Second time price bouncing from same price zone
3-Breakout of Falling trendline.
On the basis of above observations i am going long in it.
Kindly like if you like my analysis.
Observations-:
1-RSI trending up while price making lower lows.
2-Price completed breakout retest and bouncing from retest zone.
3-Second time price bouncing from same price zone
3-Breakout of Falling trendline.
On the basis of above observations i am going long in it.
Kindly like if you like my analysis.
Commento:
AFTER BREAKOUT PRICE GRADUALLY PICKING UP MOMENTUM MARCHING TOWARDS TARGET ONE BREAKING A RESISTANCE BETWEEN TOO FRIENDS
Commento:
NEAR TARGET ONE NOW I WILL REVISE MY STOP LOSS TO MY COST PRICE
Commento:
TARAGET ONE ACHIVED, MARKET IS NOT SO BULLISH SO TAKING 70% PROFIT NOW FRIENDS. REST POSITION WILL BE ON HOLD