Swing Opportunity in Bosch

업데이트됨
Go Long above 16900.1 for Targets of 17730.15, and 18560.2 with SL 16070.05

Reasons to go Long :

1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.

2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level.

3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
액티브 트레이드
Entry triggered on 10 Dec 2021
Double Top or BottomFibonacciSupply and Demand

면책사항