ANUP Engineering is at an interesting juncture! 📊
Green Trendline ✅: Acting as strong dynamic support, tested multiple times.
Yellow Counter Trendline ⚡: The reactive line that could lead to a potential breakout.
Blue Resistance 🔵: Multi-timeframe (MTF) resistance—first hurdle after a breakout.
Yellow Resistance 🟡: Major resistance level where price action has reacted before.
Multi-Timeframe Analysis (MTFA) is Key: If the Counter Trendline (CT) breaks, price may first test the MTF Resistance (Blue Line) before challenging the WTF Resistance (Yellow Line).
Green Trendline ✅: Acting as strong dynamic support, tested multiple times.
Yellow Counter Trendline ⚡: The reactive line that could lead to a potential breakout.
Blue Resistance 🔵: Multi-timeframe (MTF) resistance—first hurdle after a breakout.
Yellow Resistance 🟡: Major resistance level where price action has reacted before.
Multi-Timeframe Analysis (MTFA) is Key: If the Counter Trendline (CT) breaks, price may first test the MTF Resistance (Blue Line) before challenging the WTF Resistance (Yellow Line).
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🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
Related publications
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.