This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
On daily Time Frame Karurvysya is making rounding bottom pattern and is about to complete if breaks resistance of 116 with above above average volume on daily TF will buy with stop loss of low of candle below resistance, Target will be 127.
If Price rejects resistance then maybe we can expect it to form Cup & Handle like pattern.
On Weekly TF price broke through Flag & Pole Pattern and for that weekly target will be 135.
I cannot update charts or my ideas coz i don't have pro subscription i can only post additional charts if reputation level is above 10..need your supports who ever watch or agrees with setups i am posting.
Thanks everyone.
On daily Time Frame Karurvysya is making rounding bottom pattern and is about to complete if breaks resistance of 116 with above above average volume on daily TF will buy with stop loss of low of candle below resistance, Target will be 127.
If Price rejects resistance then maybe we can expect it to form Cup & Handle like pattern.
On Weekly TF price broke through Flag & Pole Pattern and for that weekly target will be 135.
I cannot update charts or my ideas coz i don't have pro subscription i can only post additional charts if reputation level is above 10..need your supports who ever watch or agrees with setups i am posting.
Thanks everyone.
Comment:
Today price didn't crossed resistance as long as price didn't crosses horizontal resistance with good volume no trade. Price may consolidate near this resistance. with weekly close will clear its direction if there will be pull back from resistance.
Trade active:
1 target hit