S.C Ban Order & Bullsih Crab on Ashok Leyland, So Whats Next ?
Hi,
Supreme Court imposes ban on sale of BS-III vehicles from April 2, As a reaction Ashok leyland fallen sharply and completed a beautiful bullish CRAB Pattern.
It's worth to mention, recovery was so good and sharp with RSI divergence. (Assume structure has shown RSI BAMM, need to verify it).
It tested all the figures on PRZ during the fall and bounced back sharply and closed inside the channel.
On Technical Perspective, i have two targets for Ashok Leyland (61.8% and 127.2% of CD leg)
Target 1 - 88.7
Target 2- 95.9
Stop loss would be 2 XA = 78.8
Trade with Care
Gulz
Supreme Court imposes ban on sale of BS-III vehicles from April 2, As a reaction Ashok leyland fallen sharply and completed a beautiful bullish CRAB Pattern.
It's worth to mention, recovery was so good and sharp with RSI divergence. (Assume structure has shown RSI BAMM, need to verify it).
It tested all the figures on PRZ during the fall and bounced back sharply and closed inside the channel.
On Technical Perspective, i have two targets for Ashok Leyland (61.8% and 127.2% of CD leg)
Target 1 - 88.7
Target 2- 95.9
Stop loss would be 2 XA = 78.8
Trade with Care
Gulz
액티브 트레이드:
good move from the channel bottom
액티브 트레이드:
finally impulses here
액티브 트레이드:
Target 1 is close
거래청산: 타겟 닿음:
Target 1 reached , holding for 2nd ( risk free trade)
거래청산: 타겟 닿음:
Here is the daily chart
코멘트:
A Hammer formed on 4 hr chart, watch out next candle
거래청산: 타겟 닿음:
oh - very close to second target - bullish crab worked well.
거래청산: 타겟 닿음:
2nd target also hit