*It is a consolidated Support and Resistance as you all can see!
*Also marked the previous move of the Trend by forming the almost Identical Flag-Pattern.
*Broke both the 20 & 50 EMA's with a good bullish momentum, that made our stop-loss clear!
*i.e., the ideal S-L would be around the previous week Green Candle.
*Let the trend take a little retrace, then take the position after your own Analysis and Due Diligence
*The trend is bullish as of now but the momentum purely depends upon the next week's opening and close.
*Also marked the previous move of the Trend by forming the almost Identical Flag-Pattern.
*Broke both the 20 & 50 EMA's with a good bullish momentum, that made our stop-loss clear!
*i.e., the ideal S-L would be around the previous week Green Candle.
*Let the trend take a little retrace, then take the position after your own Analysis and Due Diligence
*The trend is bullish as of now but the momentum purely depends upon the next week's opening and close.