Long trade - Coromandel consolidation breakout in daily chart
Trade Setup - Pole and Flag pattern breakout in daily charts. RSI is bouncing from 60 indicating strong momentum, Bullish engulfing pattern with good volume, price has broken out of the Bollinger bands squeeze
Targets - Blue sky zone
Execution - Enter above the high of 29th Jul candle, stop loss below the low of the same
Targets - Blue sky zone
Execution - Enter above the high of 29th Jul candle, stop loss below the low of the same
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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.