This is in continuation to our ongoing tracking of OGDC wave structure.
If our wave count is correct then prices will take support from the 220-210 levels and will target the upside level of 255 and 275. Our wave count suggest that prices might even go above 300+ but that depends on how strong the bullish move is, if the move stays strong then price will target the upper yellow trendline.
Alternately, if price goes below the 202 level, it will take price well below 174.
We will buy 25% positions at 220-210 levels (ideally 218-216) and 75% at the break above 231.56
Trade Setup:
Entry level: 217 & 231.56
Stop loss: 202
Targets:
T1: 255
T2: 275
T3: Yellow trendline
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
If our wave count is correct then prices will take support from the 220-210 levels and will target the upside level of 255 and 275. Our wave count suggest that prices might even go above 300+ but that depends on how strong the bullish move is, if the move stays strong then price will target the upper yellow trendline.
Alternately, if price goes below the 202 level, it will take price well below 174.
We will buy 25% positions at 220-210 levels (ideally 218-216) and 75% at the break above 231.56
Trade Setup:
Entry level: 217 & 231.56
Stop loss: 202
Targets:
T1: 255
T2: 275
T3: Yellow trendline
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
ノート
Orders are in place, let see if we can get price of 217 todayノート
Price has started to rise, we will enter long position at break above 231.55トレード稼働中
Entry level: 231.56Stop loss: 202
Targets:
T1: 250-260
T2: 275
T3: Yellow trendline
ノート
T1 reached, closed 50% of the positions at 255Next target is T2: 275
ノート
Do not forget to place your orders earlyノート
Make sure to place your orders early in the dayトレード終了: 利益確定目標に到達
2nd target achieved, all remaining positions closed at 275.Overall performance -
Entry price: 231.56
Exit price: 255 (50%) & 275 (50%)
Profit @ share: 33.44
Gross profit: 14.44%
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。