pattern is in complete if the trendline holds the support may see the breakout but have the SL below the trend line.
standing at breakout point if trend line resisted the up move it may fall under cup and handle pattern, there another entry scenario will be created else can enter at the trendline break out.
its forming triangle pattern breakout may give good move else a huge consolidation along the trend line.
clean breakout may have some consolidation after breakout but the breakout candle seems more strong may trend continue without consolidation.
its continuously taking support of the Trend Line, and it looks like its forming cup and handle, after handle breakout we may see a good move.
HTF breakout, may see some sideways or some long wicks bellow the candle.
may face some resistance at the marked reversal zone, if it breaks we can see a quick move to wards the ATH.
its hard to wait in a monthly TF setup to conclude a trade, as of now CNXAUTO is in good support and tends to move HH.
it looks 20th june week candle holds a bunch of buy orders, looks positive in that area if we get a good wick or a reversal candle we can go for a swing & exit before 400 (i have seen a lot of stocks which reversed before hitting a round figure and stays low for some times).
consolidating wait for the brake out there will be a good move.
may open normally but it will be a side ways market
may sustain for 3-4 days at support after that we can see a good move.
may bounce back from 0.50 to 0.618 fibo levels, 30500 will be the last support.
back to retest the support looks good for long