Falling Wedge Breakout : Bullish Continuation : 1: 4 Risk Reward

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Long Hindunilvr above 1713
Stop-loss Below 1692.50
Target 1795 ( Target Set as 1: 4 RR )

Other confluence.

1) Price Stopped at 50% Re. of Previous Swing.
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2) ABC Correction - zig zag - Price Stopped at 1.272 Extension of Wave C
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3) Inverted Head & Shoulder in Lower Time Frame of 60Min.
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Nota
CMP 1705 Use Pending order to Buy Above 1713.
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50retracementabcpatternChart PatternsinvertedheadandshouldersTrend AnalysisWave Analysiszigzagcorrrection

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