MUGHAL – Bullish Continuation with Two Clear Scenarios
Price has broken out of a compression / triangle structure with volume confirmation. Trend remains bullish, however RSI is near 70, so chasing is not advised.
Scenario 1: Continuation above breakout zone → move towards 100–105–109
Scenario 2: Healthy pullback towards 92–94 → better risk-reward entry
As long as price holds above 88, bullish structure remains intact.
Trade with proper risk management.
Price has broken out of a compression / triangle structure with volume confirmation. Trend remains bullish, however RSI is near 70, so chasing is not advised.
Scenario 1: Continuation above breakout zone → move towards 100–105–109
Scenario 2: Healthy pullback towards 92–94 → better risk-reward entry
As long as price holds above 88, bullish structure remains intact.
Trade with proper risk management.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.