CONFIPET
SWING/POSITIONAL TRADE IDEA
FALLING WEDGE CHART PATTERN BREAKOUT
(A Solid consolidation before breakout)
Looks Good On DAILY TIME FRAME
(DASHED LINE Drawn With YELLOW and BLUE color represent Resistance and Support on MONTHLY TIME FRAME)
VOLUMES are excellent
Risk reward is okish
(one may wait for retracement for better risk reward ratio)
FALLING WEDGE CHART PATTERN BREAKOUT
(A Solid consolidation before breakout)
Looks Good On DAILY TIME FRAME
(DASHED LINE Drawn With YELLOW and BLUE color represent Resistance and Support on MONTHLY TIME FRAME)
VOLUMES are excellent
Risk reward is okish
(one may wait for retracement for better risk reward ratio)
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.