PART 2: Understanding the Unemployment Rate and Its Impact
Part 1: How to Analyze Events in the Forex Market?
TradeSetup – NSE TECHM & CREDITACC
NSE CREDITACC – Price Action Breakdown
Timeframe: Daily
CREDITACC has been moving within an ascending channel for over 74 months. A significant price drop was observed after the 100 and 200 EMAs crossover. A control line, with 15 confirmed touches, provides key insights for target measurement and reversal projections.
Historically, every time the price has reached an excess level, a reversal has occurred—this pattern has repeated more than seven times. If the price enters the major ascending parallel channel and sustains above 1085, traders can consider targets at 1265 – 1552 – 1725+. Strong demand pressure could drive the price toward the upper band of the parallel channel.
We will update further information soon.
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Click Here: NSE TECHM: Multiple Timeframe Analysis
BEFORE
We had written clearly, “If the price enters the parallel channel, traders can buy for the following targets: 1180 – 1234 – 1299 – 1800+”.
AFTER
