Key Highlights:
1. Bullish market structure - HH, HL
2. Massive volume expansion
3. Moving in a Pennant . Completing the Bull flag .
4. Currently at a major resistance zone
5. Close above 720 will trigger a good rally
6. Target: 791, 870. Stop Loss: 640
I have made an illustration on the left-hand side, to explain the bull flag /flag & pole pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Bullish market structure - HH, HL
2. Massive volume expansion
3. Moving in a Pennant . Completing the Bull flag .
4. Currently at a major resistance zone
5. Close above 720 will trigger a good rally
6. Target: 791, 870. Stop Loss: 640
I have made an illustration on the left-hand side, to explain the bull flag /flag & pole pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Comment:
Target 1: Reached ✅✅
Rajat Kumar Singh,
B.Tech. (Delhi Technological University)
Community Manager (India), TradingView
✅ FREE Telegram Channel 👉 https://t.me/johntradingwick
✅ Trading Blog 👉 https://tradingwick.in/
B.Tech. (Delhi Technological University)
Community Manager (India), TradingView
✅ FREE Telegram Channel 👉 https://t.me/johntradingwick
✅ Trading Blog 👉 https://tradingwick.in/