Rounding Bottom Pattern Formation
BLSCurrent Market Price : 113.65
Bullish above 114 Level closing about 1 day Minimum,
Target : 158
Stop Loss : 96.90 (1 day Minimum Closing Below this Level),
Time Frame : Within 90 Trading sessions roughly as per Technical Analysis Principles.
Logic behind this idea:
(1) Rounding Bottom formation on daily chart,
(2) Price Volume confirmation.
Disclaimer
Risk is Yours and Reward is too yours totally. This idea is being posted here by me for educational purpose only.
Thank You.
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.
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.