As you can see there is a simple TRIANGLE pattern formed in the day time frame.
>It took support at the 3(*) critical levels
1.At 493- there we can see a good standard 'V' candle.*
2.At 544.6- slight consolidation.
3.At 551- a good bull candle.
4.At 562- also a stand 'V' again.
5.At 569- bull run.*
6.At 628- it took retrace.
7.Now at 649- it is forming a good 'V' again.*
>It faced the resistance accordingly at the top at 2 major levels resulting in a good triangle pattern.
*Note: Take the action after the breakout (above the resistance at 716/below the support at 638) with the strict STOP LOSS according to your risk taking ability.
>It took support at the 3(*) critical levels
1.At 493- there we can see a good standard 'V' candle.*
2.At 544.6- slight consolidation.
3.At 551- a good bull candle.
4.At 562- also a stand 'V' again.
5.At 569- bull run.*
6.At 628- it took retrace.
7.Now at 649- it is forming a good 'V' again.*
>It faced the resistance accordingly at the top at 2 major levels resulting in a good triangle pattern.
*Note: Take the action after the breakout (above the resistance at 716/below the support at 638) with the strict STOP LOSS according to your risk taking ability.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.