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vaibhavmehta611
30 Nov 2020 pukul 14.03

FLAG FORMATION (Price at Fibo 23.6 level and 9 day EMA Support) Panjang

LARSEN & TOUBRONSE

Huraian

Positional Idea : LT has formed a flag on daily charts and price is taking support at Fibo 23.6 level and 9 day EMA, close above 1148 will confirm flag breakout, safe entry above 1177, post breakout flag target is 270 points.
Views for learning purpose only.

Komen

Post close above 1148 price has already given approximately 8% move can hold for the flag target with close below 9 Day ema as a trailing stoploss
Komen
yogeshm29
Good one.
vaibhavmehta611
@yogeshm29, Thank you 😊
Lebih