LAURUS LAB By KRS Charts

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Date: 21st Aug 2024
Time: 9:32 AM

Why Laurus Lab?

1. Correction Wave was finished with 5th wave low in Mar 2023, after that it gradually moving up and made upside channeling.

2. Currently price is sustaining above 100 EMA and likely to reversed from that too. 🤞

3. why I'm keen to post L Lab is because along with both above points its likely to close and try to be making Morning Star at bottom in 1W TF.

Lauras Lab is at better price at this level with Future Targets of 525 and 605.
SL would be flexible Weekly Closing Below 100EMA

Once Morning Star Closing will confirm at end of this week this trade will Activated 🎇
Ghi chú
Breakout in hourly TFs
Decent 2 % Upside Move 👍
Ghi chú
Red Dotted Line Breaks (As shown in Chart)
Let it sustain and it will reach 490 Soon ⬆️👍
Ghi chú
Yesterday Closing was not sustained Breakout
But today it seems stronger 👍⬆️
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GOT THIS AT GOOD LEVELS ✅
PERFORMING WELL 🤩
BREAKOUT AND SUSTAINED 👌⚡
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3% in Green and at Major Resistance 🤔🤞
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Its Breakout!! 🤩🤩
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Current Return ~13% ✅
Few % away from T1 ⚡🤞
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1D UPDATE
- Golden Zone Reversal ✅
- New Entry / AVG 👍
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Perfect Retest on Broken Resistance as we can see in Chart ⚡🔥
& today closing with Decent 1.23% Upside from golden zone. ✅↗️
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Came to Entry Point and Again Recovering back-to-back day.🔅
This type of move is Considered as a Genuine move because no FVG Gap has left empty for Downside in future 🙌
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HLs In Laurus Lab !!
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Breaks Recent High After HLs ‼️📈
Ghi chú
Target 1 Reached !!!
Ghi chú
MORE THAN 80% of Targets🎯 reached

I am giving Exit Criteria for Laurus Lab is 4H Timeframe and 8 EMA, Price close below this EMA close all the positions ⚠️⚠️



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