On Candlestick chart pattern Rising window idea given to our members. Now sharing with you for Educational purpose only . Please note candle stick chart is not generate any buying selling ideas. it may higher the probability that trade will work in our side. So see below are the point wise list for Rising window pattern...
1) Stock or index should be in...
After a rising window , price consolidated for a couple of weeks , and then a nice breakout , which coincided with the down sloping trendline and the 50 EMA. Longs may be initiated for a swing target of 180 with a stoploss around 153.Also the price has crossed its 200 EMA , though closed below it.
