Looking great to invest for a positional trade

8 Ağu

The chart is showing a perfect example of a cup and handle formation and then giving a breakout. It had given a breakout last month and trading near its All Time High. Looks like a great opportunity to invest for upto 1 year. Good buying opportunity at current level and add more if it comes to around 58- 59. Exit if the monthly candle gives a close below 57. Expecting a target of 100 and beyond.
Happy Investing !

22 Ağu

İşlem aktif

Gave a good opportunity to buy at lower levels . Made a low of 56 on 14th August and the breakdown from the support line failed. Looking good for a nice upmove.
Comment if any of you had taken a trade looking at my idea.