MCDOWELL -N- BULLISH VIEW (reversal)--EDUCATIONAL PURPOSE
Bounced from 1 hr demand zone (formed in June-2022)
Expected to continue the reversal movement
Buy above 775.50
Tgt 1-873 (12.78%)
tgt2-890 (15%)
SL-737 (5%)
RR ratio: 1:2.6 for 1st tgt and 1:3 for 2nd tgt
Can face resistance near both trendlines and may consolidate for sometime before resuming the upmove
Time horizon :1 month
Expected to continue the reversal movement
Buy above 775.50
Tgt 1-873 (12.78%)
tgt2-890 (15%)
SL-737 (5%)
RR ratio: 1:2.6 for 1st tgt and 1:3 for 2nd tgt
Can face resistance near both trendlines and may consolidate for sometime before resuming the upmove
Time horizon :1 month
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.