Sigachi Industries Limited
Viés de alta

Price Action Case Study: Weekly Price action chart of SIGACHI

871
🔹 Key Structural Elements:
-White Solid Line: Primary Counter-Trendline (CT) connecting multiple swing highs, acting as dynamic resistance over several months.

-White Dotted Lines: Hidden supply lines derived from intermediary highs, often acting as secondary resistance.

-Yellow Lines: Higher timeframe resistance zones (MTF) — offering confluence markers for potential supply zones ahead.

🔹Volume Expansion:
The breakout candle is supported by significant volume (~36M), indicating strong participation. Volume here acts as a confirmation trigger, suggesting institutional interest or broad-based buying.

🔹Structure:
The breakout occurs after an extended consolidation and a series of higher lows.



Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.