5579 Triangle breakout play
Reason for long
a) volume profile indicates the bullish volume inside the triangle
b) triangle breakout possible
c) Flag in weekly time frame
Sl compulsory
a) volume profile indicates the bullish volume inside the triangle
b) triangle breakout possible
c) Flag in weekly time frame
Sl compulsory
Note
Mac D buy signal in daily time framebut chart pattern in daily time frame looks like head and shoulder and in monthly time frame looks some rejection. Hence SL compulsory for 10% upmove only.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.