Breakout from inverse head and shoulder and downward slopping line, and a retest is also complete. Initiate long positions when price sustains above 2225.
Chart pattern looks very good and it has a potential to hit 2380, 2495 levels, above it a very high chances that a big rounding base formation will happen and then first target will be 2879 and a new high.
Keep a stop loss below 2098 or below the downward support line depending on your risk appetite.
Chart pattern looks very good and it has a potential to hit 2380, 2495 levels, above it a very high chances that a big rounding base formation will happen and then first target will be 2879 and a new high.
Keep a stop loss below 2098 or below the downward support line depending on your risk appetite.