Pranay_Kamdi

UNOMINDA_Channel Range Breakout_Retest_Rounding Bottom Pattern

Long
NSE:UNOMINDA   UNO MINDA LTD
A channel breakout is a price pattern that occurs when the price of an asset moves outside of a support or resistance level with increased volume. A channel breakout strategy trades based on whether a symbol breaks out of a channel, which is created using the highest and lowest values for a specified channel length.

Also Forming a Rounding Bottom Patterns.

THANKS FOR READING.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.