PHOENIX LTD - SWING TRADE - 5th January #stocks
#PHOENIXLTD (1D TF)
Swing Trade Analysis given on 5th January, 2023
Pattern: FALLING WEDGE PATTERN
- Volume Spike Buildup - Done ✓
- Breakout of Resistance - Done ✓
- Box breakout + Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #phoenixltd
Swing Trade Analysis given on 5th January, 2023
Pattern: FALLING WEDGE PATTERN
- Volume Spike Buildup - Done ✓
- Breakout of Resistance - Done ✓
- Box breakout + Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #phoenixltd
Trade active
PHOENIX Update - 13th Jan, 2024- Entry was taken on the breakout of the big box
- Both target levels were achieved
- 10% in 3 Trading Sessions
- Looks like a possibility of a re-entry
#stocks #swingtrade #chartanalysis #priceaction #traderyte #phoenix
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.