Applying Fan's Principle on XCHANGING!

Fan Pattern in XCHANGING !
3rd Fan Line Breakout in XCHANGING!
XCHANGING SOLUTION Analysis on a Monthly Time Frame!

Analysis:
Hello all, as you can see I have applied the Fan Principle on XCHANGING SOLUTION, It is a type of Multi time frame analysis, Where we can draw multiple trendlines from an All-Time High price point. As per the Fan's Principle, there is a trend reversal When the price breaks the 3rd Fan Line.

Disclaimer = Consider my analysis for Educational Purposes only.

Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
Chart PatternsFANfanprinciplelongpositionresistancebreakresistancebrokenresistance_levelSupport and ResistancesupportandresitanceTrend LinesTrend Line Breaktrendreversalpattern

Disclaimer