This scrip is highly volatile , due to which i had to switch to Ranko Bar , Box size of 225 Points
the scrip has corrected and moved out form Ending diagonal , One can visually identify that the down move pattern is zig zag and usually
ZigZag are reflective in nature
What i mean is if down move is in ZigZag the up side move is very high likely Zigzag move with 100 % movement in the price
on daily its still bearish sign but i do look the noiseless chart its clearly showing its about to make turn around
One can position Long in future contract ( Preferably March ) for next up side move
Book using trailing stop on daily low basis
Good luck
the scrip has corrected and moved out form Ending diagonal , One can visually identify that the down move pattern is zig zag and usually
ZigZag are reflective in nature
What i mean is if down move is in ZigZag the up side move is very high likely Zigzag move with 100 % movement in the price
on daily its still bearish sign but i do look the noiseless chart its clearly showing its about to make turn around
One can position Long in future contract ( Preferably March ) for next up side move
Book using trailing stop on daily low basis
Good luck
Trade ativo