A falling wedge breakout
hey traders,
So today i am seeing a falling wedge breakout which is a bullish sign one can take a trade at current levels or after retesting the breakout 2H/4H chart ADX and RSI are showing strength
RED lines are target or as per risk apetite and yellow line is for stoploss
Hold for some day LIC IPO can trigger for further upside
And before entry do your own analysis before jumping
So today i am seeing a falling wedge breakout which is a bullish sign one can take a trade at current levels or after retesting the breakout 2H/4H chart ADX and RSI are showing strength
RED lines are target or as per risk apetite and yellow line is for stoploss
Hold for some day LIC IPO can trigger for further upside
And before entry do your own analysis before jumping
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.