There is visible Higher Top and Higher Bottom. Hence, it is uptrend. Entry can be made when price goes above previous swing high and stop loss the previous swing low. Risk reward ration in this case is 1:1

2 Comments
  1. MOHAN KUMAR R 5 years ago

    Nice find Karthikeyan.

    In case of dow theory, we can keep the duration for 3 months.

  2. P.P.Lakshminarayana 5 years ago

    Good job. Keep it up.

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