1EKTA trade ideas
Elekta -> Falling Wedge / Divergence / Support- Falling Wedge Formation
- Great Divergence at 1D & 4H timeframe
- Massive support area
- Good Risk / Reward
ZOOM OUT TO SEE THE SUPPORT FROM WEEKS BACK UNTIL NOW
Nice Cup and handle formedCAPITALCOM:EKTAB
Nice Cup and Handle formed. Enter LONG trade at the break of the top of the handle. Set stop loss at the bottom of the handle and target the height of the cup starting at the break.
Potential 2:1 LONG ratio
ELEKTA analysisLong positions can be taken.
Break of a symmetrical triangle and retested
Prices are above 200MA
123 trend change
Elekta (Daily Trend)Elekta seems to be in a rally. It might break the Fib level 0.382 and go all the way till 0.5 level.
