We have identified a bullish setup in OCTOPUS, highlighted by the following pattern:
Bullish Flag Pattern 🚩 Technical Indicators:
Previous High: Broken, confirming bullish momentum Bearish Divergence: Previously present but neutralized after a significant drop Current Divergence: Formed after the flag formation, indicating the continuation of the bullish trend Entry Point:
Buy: At 88.55 Target Prices (TP):
TP 1: 96.00 📈 TP 2: 104.00 🥇 Stop Loss (SL):
SL: 81.00 to manage risk Trade Summary:
Buy: At 88.55 TP 1: 96.00 TP 2: 104.00 SL: 81.00 Trade Type: Long Swing 🎢
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.