Continuous non-trending zone followed by a bullish breakout with a breakout gap at it’s demand zone is shown above.

The volume on the gap day is pretty high.

The long position can be placed at the price above 81.

The risk taken is 6.9 and whose target is calculated to be 86.9 which is achieved in 13 days.

1 Comment
  1. EQSIS 5 years ago

    Very good work. Especially the efforts taken to spot the existing trend

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