ORIENT ELECTRIC : Looking Bullish - Bottomed Out
⚡Price Analysis:
1️⃣ Price bounced from the demand zone
2️⃣ Price structure is bullish.
3️⃣ EMAs show casting good momentum & strength.
4️⃣ Volumes spikes are building.
✨ My Expectations:
➡️ RRR is not favorable since SL is big.
➡️ 300 can act as major resistance.
➡️ Not very high convincing trade setup yet.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
1️⃣ Price bounced from the demand zone
2️⃣ Price structure is bullish.
3️⃣ EMAs show casting good momentum & strength.
4️⃣ Volumes spikes are building.
✨ My Expectations:
➡️ RRR is not favorable since SL is big.
➡️ 300 can act as major resistance.
➡️ Not very high convincing trade setup yet.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
Anubrata Ray ⚡
İlgili yayınlar
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.
Anubrata Ray ⚡
İlgili yayınlar
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.