Wish you all a very Happy New Year “2018”. May God Bless you all with Lots of love, loads of wealth & good health.
New Year Pick is UBL Ltd.
On Daily timeframe, Price is moving upwards in wave ratio of 3:3:3. Wave 3 has been started and inside of wave 3, the 3rd wave will start if the price moves above 1100.
Daily time frame chart is attached below for your reference.
On Weekly Time Frame, Price has made a bullish FLAG Pattern which can take price upwards if crosses 1100. Also, important to note that how beautifully price is moving inside a channel.
Weekly time frame chart is attached below for your reference.
So, It’s a buy above 1100 for Target 1400-1450, though 1200 will act as a solid resistance.
Learning Here – Wave Ratio and Bull Flag Pattern
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