LIN potential Buy setup

18 Haz 2024

Reasons for bullish bias:
- Price respecting long-term trendline
- Bullish weekly candles
- Simple DOW theory
- Entry at small consolidation phase breakout
- No divergence

Here are the recommended trading levels:
Entry Level(CMP): 440.00
Stop Loss Level: 406.80
Take Profit Level 1: 473.2
Take Profit Level 2: Open

29 Ağu 2024

İşlem aktif

TP1 hit

2 Eki 2024

Not

Price is at the resistance zone, and a double top is formed on weekly along with bearish divergence at both daily and weekly.