Price after breaking the strong resistance formed a Triangle pattern and breaks out with good volume last week, but unable to hold the the move it exactly rejects from the pattern high as mentioned in the picture.
One can now look for the price to close above 120 and enter the trade for the target of 137 and 150 respectively. . . If you are an aggressive trader then enter the market with strict stop loss below the pattern low.
If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button,
Your Support is very much 🙏 appreciated!
You can comment any of the script, I will analyze technically and post it for you.
No Buy or Sell calls strictly :)
One can now look for the price to close above 120 and enter the trade for the target of 137 and 150 respectively. . . If you are an aggressive trader then enter the market with strict stop loss below the pattern low.
If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button,
Your Support is very much 🙏 appreciated!
You can comment any of the script, I will analyze technically and post it for you.
No Buy or Sell calls strictly :)