Swing trade opportunity based on confluence areaTrade setup
1. Price has met at intersection of Horizontal support and trend line support based on weekly and daily time frame , so both the player will push the market up.
2. All we have to wait is for the minor 2 hour trend line to break its resistance.
3. Energy sector ( CNXENERGY ) is also in uptrend in both weekly and daily time frame.
concept:
1. Channel pattern
2. Minor Trend reversal or Minor Trend line breakout
3. sector based entry
