M&M: Analysis
Keep an eye on M&M it has given a suspected breakout from parallel channel and retracing back to original level. If this isn't a breakout hen their is a chance of upward momentum in upcoming days.
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Reason to Buy:
1) Possible breakout from parallel channel formed in daily time frame.
2) Holding higher levels.
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Safest entry point would be at 659.90 levels or above. Stop loss must be below the previous immediate swing. Calculate your RR ratio and trade accordingly.
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Reason to Buy:
1) Possible breakout from parallel channel formed in daily time frame.
2) Holding higher levels.
.
Safest entry point would be at 659.90 levels or above. Stop loss must be below the previous immediate swing. Calculate your RR ratio and trade accordingly.
Nota
Fake breakout market sentiment is negetiveNota
Forming a parallel channel.Nota
Still Range-Bound.Trade fechado: stop atingido
SL Hit Exited trade
Aviso legal
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