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BASF India - 2wk Wedge Breakout on 4yr Resistance line
BASF INDIA LTD
Long
BASF India - 2wk Wedge Breakout on 4yr Resistance line
By raavigeorgian
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May 18, 2021
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May 18, 2021
Tested the breakout area twice on weekly chart as well.
SL: Below BO candle
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
Note: I reserve the right to be wrong.
For educational purposes only.
consolidation-breakout
multiyearbreakout
priceaction
roundingbottom
Trend Analysis
wedgebreakout
Wedge
raavigeorgian
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