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ACC Good chance for Buy ! AB=CD Pattern

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BSE_EOD:BOM500410   None
Double Bottom AB=CD Harmonic Patterns riskreward Bullish AB=CD Bullish Patterns rsidivergence Bullish Divergence LONG swingtrading
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doublebottom abcdpattern harmonicpatterns riskreward bullishabcd bullish rsidivergence bullishdivergence long swingtrading
A very good opportunity for buying ACC which also offers a very good risk:reward of morethan 1:2

Also note that it has formed a double bottom very recently around the fib extensions of 1.618 along with Bullish Divergence in RSI. As these gives out enough reasons for going long I will be looking forward to Buy these in coming days.

Check your trade plan and reasons to enter the trade and if this idea suits..Hop on for the upward move.

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Happy Trading !

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