Identified two equivalent bottoms @298.2 with high volume at second bottom(pt B).Prices were expected to go higher ,hence a long position is created @349.1.
In this case target has not been achieved instead the stop loss is triggered.
Identified two equivalent bottoms @298.2 with high volume at second bottom(pt B).Prices were expected to go higher ,hence a long position is created @349.1.
In this case target has not been achieved instead the stop loss is triggered.