Cup & Handle pattern forming on Daily Chart of BSE. BUY 575, SL 479.9, Target(s) - 630, 650, 700. Measurement = 290. 590 is a key level.
Head & Shoulders pattern forming on Daily Chart of BSE. BUY 575, SL 474.9, Target(s) - 630, 650, 700, 720. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Head & Shoulders pattern forming on Daily Chart of BSE. BUY 575, SL 474.9, Target(s) - 630, 650, 700, 720. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Comment:
Correction. This is an Inverse Head & Shoulders rather than the Head & Shoulders, which, btw is a bearish pattern. We are looking for a bullish breakout here, therefore, the word inverse is of much importance in this context.
Trade closed: stop reached:
High = 608
