NIACL (1D TF) - Swing Trade Analysis given on 23rd May, 2024
Pattern: FALLING WEDGE
- Volume Buildup at Resistance- Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
Pattern: FALLING WEDGE
- Volume Buildup at Resistance- Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
Trade active
NIACL Update (as on 14th June, 2024)- SL (of 5%) was hit immediately after 1st entry
- Re-entered at the same levels after the resistance trendline was broken; but only with partial entry
- Will add if it shows strength
Please Note: SL is mandatory just below the Demand Zone
* 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.