FLAG FORMATION (Price at Fibo 23.6 level and 9 day EMA Support)

Zaktualizowano
Positional Idea : LT has formed a flag on daily charts and price is taking support at Fibo 23.6 level and 9 day EMA, close above 1148 will confirm flag breakout, safe entry above 1177, post breakout flag target is 270 points.
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Uwaga
Post close above 1148 price has already given approximately 8% move can hold for the flag target with close below 9 Day ema as a trailing stoploss
Bullish FlagChart PatternsExponential Moving Average (EMA)Fibonacci RetracementFLAG

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