GULSHAN POLY: Expecting strong bounce
⚡️Price Analysis:
1️⃣ Approaching major support level with heavy volume interest
2️⃣ Multiple tests of demand zone showing strong accumulation
3️⃣ EMAs aligned bearishly - indicating selling momentum
4️⃣ Historical support zone coinciding with current levels.
✨ Key Observations:
➡️ Strong demand zone providing multiple bounces
➡️ Trendline break can trigger further continuation for trend reversal
➡️ Multiple timeframe support convergence at current zone.
➡️ RRR looks favorable with 1:3RRR
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Comment down your thoughts below ✌️
🔥 Happy Trading!✅🚀
1️⃣ Approaching major support level with heavy volume interest
2️⃣ Multiple tests of demand zone showing strong accumulation
3️⃣ EMAs aligned bearishly - indicating selling momentum
4️⃣ Historical support zone coinciding with current levels.
✨ Key Observations:
➡️ Strong demand zone providing multiple bounces
➡️ Trendline break can trigger further continuation for trend reversal
➡️ Multiple timeframe support convergence at current zone.
➡️ RRR looks favorable with 1:3RRR
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Comment down your thoughts below ✌️
🔥 Happy Trading!✅🚀
Anubrata Ray ⚡
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Anubrata Ray ⚡
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.