The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets Logic, Entry range, SL and Targets are shown in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade....
This analysis is done purely on basis of price action and chart patterns Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target Logic as well as the strategy for the trade setup is explained in the image itself. Pls note that this is not a trade recommendation. Do your own study before entering into any...
Symmetrical Pattern Breakout in Trent with volume Expect a Target of 750+, SL 650 CMP 695 Duration: 07-10 Days Do your own study & risk mgnt before considering this stock.
Entry - Around 600, near the trend line 1st Target - 695.25 ( A bit lower than the previous swing high) 2nd Target - 795.05 ( Top of the channel and also a previous strong resistance) Rationale - TRENT has been moving in a parallel bull channel with bull candle volume outweighing the bear candle volume. The 61.8% retracement level was also breached...
current trend shows a visible cup and handle clear on 1 hr time frame, line of resistance is coming up quick if we can break it could mean a 10k value by weeks time, but bulls have to keep momentum going
Bullish Cypher Completion at Trent Continuation Trade