Reliance Breaks Support (Sell Setup)

27 Eki 2016

It is been observed that the price action is trending down as it makes Lower High (LH) and Lower Lows (LL) sequence, indicating a down trend is continuation. Now, the price action breaks and close below crucial support levels of 1055 which indicates further move down to the next support levels at 1033-1030.

It is also to be noted that the price action is in progress of completing a bullish harmonic ABCD Pattern.

Target: 1033
Stoploss: 1075

27 Eki 2016

İşlem aktif

Now, moving towards the target..sitting tight.

27 Eki 2016

İşlem aktif

1% down, keep going

28 Eki 2016

İşlem aktif

Consolidating

2 Kas 2016

İşlem kapandı: hedefe ulaştı

Targets reached successfully, Cheers :)