ACTION CONST EQUIP LTD
Long
Updated

POV: ACE : Pole and Flag Pattern

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POV: ACE : Pole and Flag Pattern

Chart Reading:

1. From May'22 constant Long Run formation, considered as Pole
2. After a long run, the script falls into consolidation and forms a Flag Pattern.
3. This consolidation takes around 170 sessions.
4. Trend and Momentum just started to improve.
5. Price trading around 200 SMA after a long history.
6. Wait for the breakout or Pullback Zone for entry.

For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
Trade active
Both kind of Trade Active :
1) Pullback Entry (13th Dec 24)
2) Breakout Entry (17th Dec 24)
Note
Crossed POA (1st Jan 25)

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