CARBORUNDUM UNIVERSAL (1W TF) - Swing Trade Analysis given on 23rd March, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
#CARBORUNDUM
Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
#CARBORUNDUM
Trade active:
CARBORUNDUM UNIVERSAL Update (as on 2nd April, 2024)
✓ 8% today in just 5 Trading Sessions
- Our Weekly Target Level has been achieved
- Broke out of the Upper Trendline with strong weekly volumes
- Did not retest the Demand Zone, however new Demand Zone was created
- Partial entry was taken and pyramided into the position as it rose up
Analysis Explained Link
* Disclaimer
✓ 8% today in just 5 Trading Sessions
- Our Weekly Target Level has been achieved
- Broke out of the Upper Trendline with strong weekly volumes
- Did not retest the Demand Zone, however new Demand Zone was created
- Partial entry was taken and pyramided into the position as it rose up
Analysis Explained Link
* Disclaimer
✓ 20% in 20 Trading Sessions
- Retested the same demand zone it created
- Solid reveral upmove with strong volumes
- Continued its uptrend
- TSL is on to maximise profits
* Disclaimer