Weekly cup and handle pattern breakout after a break consolidation seen on weekly timeframe
Momentum and trend is bullish all timeframes. Neckline of breakout can be stop loss for positional and swing trades could have breakout
candle on weekly For stop loss. sector is consolidating since 4 months and resisting a bit at the bull zones. and a weekly momentum bearish divergence could be seen And therefore it also make sense to wait for Pharma index to break above that resistance before an entry is made..
Momentum and trend is bullish all timeframes. Neckline of breakout can be stop loss for positional and swing trades could have breakout
candle on weekly For stop loss. sector is consolidating since 4 months and resisting a bit at the bull zones. and a weekly momentum bearish divergence could be seen And therefore it also make sense to wait for Pharma index to break above that resistance before an entry is made..