VIKASECOTECH BULLISH with Barrier Triangle

Güncellendi
the chart currently running in Flat ABC correction that is major.

in Flat ABC correction currently running with "Barrier Triangle" with ABCDE waves.

now as we can see the "E" is completed, now just wait for the breakout to happen,

after breakout we can see impulse with 5 wave.

for trade wait for daily candle to give closing above 4.15, once we got daily candle closing above 4.15 we will see an Impulse with approx target of 28-30.
Not
Updating idea for "Early Entry" for Impulse.

once the price gives daily closing above 3.89 than Buy at/near 3.90 with SL of below 3.60 daily candle close.

need to follow the level 3.89 strictly, and strictly wait for daily candle close above 3.89 than and than only buy with given SL.

i'm seeing that IMPULSE will start from 3.89 with daily candle close, and direction/trend will be change on weekly timeframe, by giving weekly breakout of 3.89.

but please remember that, this is only Early Entry not a real breakout entry, real breakout entry will only happen at 4.15 by giving daily candle closing above.

so this is only for risk takers and early birds.
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stock had given breakout for "Early Entry" or for "Risk Takers" by giving closing at 4.03 and above 3.89.

so now who bought at this level keep your SL at 3.60 daily candle closing, till than can hold your trade.

Now for "Real Breakout" trader/investor wait for daily candle to close above 4.15, after that can buy for Impulse.
Not
SL hit for "Early Entry" or for "Risk Takers"

People who bought at/near 3.90 with SL of below 3.60 daily candle close,

the SL was hit yesterday by giving daily candle close below 3.60, stock had given daily candle close at 3.47, it's below 3.60, so according to that please close the trade for now near 3.55.

Now, wait for structure to complete and wait for real breakout which will be at 4.15 by daily candle closing for investment only.

kindly close trading in this stock.
Chart PatternsTrend AnalysisWave Analysis

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