Let's wait for the pullback to happen, find a nice bullish candle signal before initiating a long position.
Note that breakout does not means it must rides it way up. It could goes up a little before tumbling down to the support at 17.42. This support is crucial for the bullish continuation pattern.
Note that breakout does not means it must rides it way up. It could goes up a little before tumbling down to the support at 17.42. This support is crucial for the bullish continuation pattern.
Note
Mr Market tries to scare the weak buyers with a fake breakout....Note
Twice, the market fools the buyers with a false breakout. This is normal. Now, we are sitting on the support at 17.42. Let's see if it will rebound from here.....Note
3rd attempt breaking out of bearish trend line. wait for retracement before initiating long...Note
support at 20 price level , can accumulate from here onwardsNote
Praise the Lord.....Note
Love it :)
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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.