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#LTF 1H chart 📊

Turbo breakout set up is forming on this LTF chart

First thing first, the uptrend was run on very good volume, but on the correction time, the volume was very showing very low selling. Then we got the trendline broken, but no good follow through, and then again the range continued, and it has now formed inverse head and shoulder structure .

So the breakout zone will be 155+

With a minimum target of 160.

Keep this on radar for Friday session. If you want to play on breakout in options, then you can go for 160 CE.

Always use position, sizing, and use strict stop loss.

Keep learning happy trading.