RELIANCE ( Broken Channel and Upward Move Expectation ) H1
Haribol !
Reliance is my favorite scrip , It looks like it has broken a clear channel and retested it with pinpoint reaction on the shoulder.
It is an Inverted Head and Shoulder Pattern by the looks of it
I will be looking for longs to retest of neckline and a pause at that level.
I will keep my targets at the neckline level.
I use a mix of elliot wave , structures , wycoff and Gann along with my experience of trading for more than 10 years. I am quite new to Tradingview and look forward to your support and feedback/questions for the ideas.I Always believe that you get more by giving.
If you want to follow me on twitter the handle is Tradingvahni.
Namaskar
Reliance is my favorite scrip , It looks like it has broken a clear channel and retested it with pinpoint reaction on the shoulder.
It is an Inverted Head and Shoulder Pattern by the looks of it
I will be looking for longs to retest of neckline and a pause at that level.
I will keep my targets at the neckline level.
I use a mix of elliot wave , structures , wycoff and Gann along with my experience of trading for more than 10 years. I am quite new to Tradingview and look forward to your support and feedback/questions for the ideas.I Always believe that you get more by giving.
If you want to follow me on twitter the handle is Tradingvahni.
Namaskar