TradingView
Einstein15
Dec 24, 2017 12:38 AM

Raymond Rising Wedge 

RAYMOND LTDNSE

Description

RAYMOND has been moving strong in a rising wedge for months. Making new highs everytime. Recently made another lifeteime highs and is flagging up on the edge of the wedge(lot of dojis and hammers and stars).Awaiting a Reversal/Breakout from that level.
Comments
bnjanamatti
WHAT ARE THE LIKELY TARGETS. WILL FIBONACCI HELP FOR GUIDANCE?
Einstein15
@bnjanamatti, Yea you can use whatever tool works for you. I'll say go on smaller timeframe and have smalll targets coz its lifetime highs,an uncharted realm, there isnt much structure to lean onto.
More