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Flash_J
Nov 30, 2023 11:36 AM

Union Bank of India- Inv. H&S Pattern Breakout Long

UNION BK OF INDIANSE

Description

Inv. Head and Shoulder breakout done on monthly. Multiyear trendline breakout and retracement done on monthly. Once 107 resistance is broken, can see a quick upmove to 143 in a month. Final target is 170. Since its the monthly pattern, it will take much time(several months) to achieve the desired target.

Note: This is for educational purpose only.
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