ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
STOCK IS NEAR 100 EMA IN 4 HOURS TF AND ALSO NEAR 50 DAILY EMA(GREY). GETTING SUPPORTED BY LONG TERM TRENDLINE AND ALSO COMPLETED 38.20% FIBO LEVEL. **KEEP IN MIND THAT THERE IS NO HIGHER HIGH FORMATION YET**
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
STOCK IS NEAR 100 EMA IN 4 HOURS TF AND ALSO NEAR 50 DAILY EMA(GREY). GETTING SUPPORTED BY LONG TERM TRENDLINE AND ALSO COMPLETED 38.20% FIBO LEVEL. **KEEP IN MIND THAT THERE IS NO HIGHER HIGH FORMATION YET**
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!