sleek reward with negligible stop loss.
From chart its clear 5 down from top
the 5th ended up making a falling wedge which is a nice
bullish pattern which results in spiky rise with huge volumes
and exactly that happened.
See the combination of Elliott wave theory with chart patterns how nicely
both gelled together.
Result a solid vertical rise from 85 level to 100+ in a single day.
So after few failed trades or bad run who starts to think Technical s don't
work in Markets have a second thought before giving up.Technical s do work
perfectly at times and generally gives good hints about a particular trade etc
provided done with due diligence.
Do leave your comments whether you follow technical s or not.
RESEARCH REPORTS
