Intellect Design Arena Ltd
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Corrective Phase about to complete

204
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

Emir iptal
14-3-23 e.o.d. update

Structure invalidated as 393 was broken intraday

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.