UsmanFarouk

AVN:PSX is likely for a Bullish Reversal on 1D timeframe

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PSX_DLY:AVN   AVANCEON LTD
AVN:PXS is presently in downtrend, printing LHs and LLs however on 31 Aug 23, it failed to establish a new LL are started consolidation. Bullish divergence on RSI is also observed on 1D as well as 1W timeframes establishing a confluence on a likely bullish reversal upon breaking above the previous H as marked on chart. Suitably, SL and TP have been marked on chart for a long position on AVN.
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