finolex cable looks bullish in medium term.

已更新
it is in a strong uptrend in monthly time frame.
in weekly, price recently bounced from uptrend channel support and horizontal support.
Also hidden bullish divergence seen in weekly. 快照

so sl - 447, tgt1 - 551, tgt2 - 590
交易开始
till now 508.90
交易开始
it has to break the downtrend line to move up , 快照
交易开始
moving up as expected till now 524.9, 快照
交易开始
till now 530.15
交易开始
1st target done here, closed at 550.40. 快照
注释
bearish bat formed here in daily, and price reversed from PRZ. in.tradingview.com/x/Pd1FMssn/.

So risk averse traders may book the profits, total 11% profit.
交易结束:到达目标
both the tgts are achieved here, also price is near channel resistance, total 28% gain till now

快照
注释
in daily, price is approaching for a squeeze, 快照
注释
price closed above upper BB and BB expansion happened here, 快照
Ascending ChannelBullish PatternsBullish DivergenceSupport and Resistancetrendcontinuationuptrend

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