9 MONTHS WEEKLY CONSOLIDATION IS BROKEN
Updated
Why Bullish ?
Reasons :
1 . As Shown In The Link Shared - 9 Months Consolidation In A Certain Pattern Has Been Broken With Marubozu Candle.
2 . At The Same Time Rsi Pattern Has Also Been Broken - Giving Confirmation For The Strength Of This Trendy Marubozu Candle not only this It has broken W pattern as shown inside the box .
3 . Last But Not The Least - Stock Market And Global Market Sentiment Has Gone Bullish At The Same Time - Which Is Backing The Overall Story.
Best entry might generate after the retest of the box made .
Exit Positions Have Been Marked But Most Probabily It Will Hit All Time High Atleast - After This Long Consolidation.
Kindly Comment If Anyone Found This Information Helpful Or Anyone Who Takes Position After Reading This Article.
Thankyou.
Reasons :
1 . As Shown In The Link Shared - 9 Months Consolidation In A Certain Pattern Has Been Broken With Marubozu Candle.
2 . At The Same Time Rsi Pattern Has Also Been Broken - Giving Confirmation For The Strength Of This Trendy Marubozu Candle not only this It has broken W pattern as shown inside the box .
3 . Last But Not The Least - Stock Market And Global Market Sentiment Has Gone Bullish At The Same Time - Which Is Backing The Overall Story.
Best entry might generate after the retest of the box made .
Exit Positions Have Been Marked But Most Probabily It Will Hit All Time High Atleast - After This Long Consolidation.
Kindly Comment If Anyone Found This Information Helpful Or Anyone Who Takes Position After Reading This Article.
Thankyou.
Note
Retest has been done successfully .. tradingview.com/x/59h6VuM2/
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.