Identifying candelistic pattrn for swing trades-educational
1.Stock was on short term down trend making LH ,LL
2.Price is taking support of trend line .
3.formed a bullish engulfing patrn .
4.also broke its recent LH successfully .
5.Volume and RSI substantiates the analysis.
Could give 3-5% in short term - educational purpose only .
2.Price is taking support of trend line .
3.formed a bullish engulfing patrn .
4.also broke its recent LH successfully .
5.Volume and RSI substantiates the analysis.
Could give 3-5% in short term - educational purpose only .
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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.