CUMMINS INDIA (1D TF) - Swing Trade Analysis given on 7th August, 2024
Pattern: SYMMETRICAL TRIANGLE SETUP
- Strong Pullback candle from Support Trendline - Done ✓
- Weekly Volume buildup near Resistance Trendline - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
Please Note:
- This is an early entry to give for a better RR
- Resistance Trendline Breakout - In Progress
* Disclaimer
Pattern: SYMMETRICAL TRIANGLE SETUP
- Strong Pullback candle from Support Trendline - Done ✓
- Weekly Volume buildup near Resistance Trendline - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
Please Note:
- This is an early entry to give for a better RR
- Resistance Trendline Breakout - In Progress
* Disclaimer
Note
CUMMINS INDIA Update (as on 16th August)- The kicker has set in for Cummins India at the Demand Zone mentioned
- Calls for a small SL and a better RR
* Disclaimer
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.