This is simple setup for MRF usinf trend lines and band contraction.
Comments
nitin495
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There is a triangle breakout happen in past, also up move can be notice with slant resistance lines, the breakout happen with good volume.RSI is also making higher lows. The 2 straight resistance lines can be target. The text of target get little lower don't get confused.I am new to market so I am just analyzing the patterns which happen in past. This chart is only for study.
If you like this simple chart please like it.
If you like this simple chart please like it.