can enter this stock putting stoploss below the consolidation
can enter this stock putting stoploss below the consolidation
Stock broken multiyear resistance and maken ATH Best time to enter by putting stopless at breakout candle low
This stock is forming a triangle pattern and now is consolidating strongly at the resistance being an possibility for breakout. Scenario 1 - If breakout happens, it can give good upmove with minimum risk reward ratio Scenario 2 - If price break downs, then price might move inside the triangle pattern
Potential chart pattern breaking a high duration channel pattern with good marubuzu candle. Can expect continuous momentum or consolidate for couple weeks, retest the breakout trendline and move up
Breakout happening in daily timeframe. One can wait for retest or allocate 50% of investment at this price and remaining at time of retest
Price is at support and consolidated. Poc is formed at bottom indicating of accumulation.