- cup and handle formation is completed & waiting for breakout
- break out may happen if open and sustain above 550 level.
- already it is sustained above weekly pivot r1 for the last 3 weeks
- Bullish engulfing candle is formed last week
- 2nd time touched the parallel channel resistant line and bounce back.
conclusion there is more possibility for cup and handle breakout.
This analysis is my own idea.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
in.tradingview.com/pricing/?share_your_love=johnbritto2088
- break out may happen if open and sustain above 550 level.
- already it is sustained above weekly pivot r1 for the last 3 weeks
- Bullish engulfing candle is formed last week
- 2nd time touched the parallel channel resistant line and bounce back.
conclusion there is more possibility for cup and handle breakout.
This analysis is my own idea.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
in.tradingview.com/pricing/?share_your_love=johnbritto2088
Nota
Nota
waiting for breakout
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.