GICRE - Break out RETEST - LONG

GICRE broke out and made ATH with huge volume on 20-Dec-2024. Since then, it retraced with lower volumes and touched 20 DEMA and the BO Zone as well. Today (7-Jan-2025), showed signs of consolidation end with a bullish candle OPEN=LOW, relatively wider body and higher volumes.

Note

10th Jan's price action (-7.6%) weakened the LONG set up. A follow through RED candle on daily closing basis below 10th Jan's low which also coincides with 50 DEMA would negate the long set up.

il y a 6 jours

Note

Long set up invalidated on 13th Jan 25. Need to await structures to evolve going forward.

il y a 6 jours

Trade fermée: ordre d’arrêt atteint

SwingBytes

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