CNERGY is currently forming a diamond pattern, which suggests a potential uptrend. A breakout level is identified around 4.30. Should the price sustain above this level, it may advance towards 4.80 and subsequently to 5.38. It is advisable to set a stop loss at 3.75, positioned below the previous swing low.
Trade active
Retesting after the break out
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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.