CHPT has now bounced back from a very strong Fib channel of 0.5
The next level is also broken and looks a momentum is building up to continue to make double top
This gives us an opportunity to ride the Bull trend
Entry : 11.10
SL : 10.49
TP1 : 11.71
TP2 : 12.27
Bearish Indications is a chart pattern called rising wedge
If the price falls below 10.50 then it can be short sell to make some gains
The next level is also broken and looks a momentum is building up to continue to make double top
This gives us an opportunity to ride the Bull trend
Entry : 11.10
SL : 10.49
TP1 : 11.71
TP2 : 12.27
Bearish Indications is a chart pattern called rising wedge
If the price falls below 10.50 then it can be short sell to make some gains
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.