It has been observed in the chart that the price action firstly formed Cup n Handle chart and then consolidated in a range. Then it further break the consolidation with a strong bullish candlestick and now retracing back to the previous resistance zone, making it a support for buyers now. Now, it seems to all set to rally from here on.
T-33, T-36, SL 30
T-33, T-36, SL 30
Trade active
Note
Reaching T1Trade closed: target reached
T1 Reached, now stepping towards T2
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Related publications
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.