Trent parallel channel.

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Trent in parallel channel. I think it can go till 5080 then can reverse till 4700.
Uwaga
5047 high and reversed.
Uwaga
Exact reversal 5100....see todays candle.
Uwaga
Now if it crosses 5100 with good volume on closing basis then another 600 point rally can be seen otherwise 600 point downward journey will start.
Uwaga
Reversal started. Position can be taken for 4700.
Uwaga
Seems like with tata group re-rating this may not stop before 6500 now.
Transakcja zamknięta: osiągnięto wyznaczony cel
5400.
Uwaga
This is a retest, if it crosses 5450 then 6000 can be seen before year end.
Uwaga
Almost crossing 5450 ...short covering may come tomorrow if it happens.
Parallel Channel

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