UPL has formed Double Bottom Pattern. Which is a bullish pattern and it may form W pattern. So we can take swing trade here.
Entry:
We can go long when price gives breakout above the resistance zone with strong bullish candle.
Target:
We can keep target near the next resistance which will be also the neckline of W pattern as marked on chart.
Stoploss:
We can keep stoploss below the resistance zone.
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Entry:
We can go long when price gives breakout above the resistance zone with strong bullish candle.
Target:
We can keep target near the next resistance which will be also the neckline of W pattern as marked on chart.
Stoploss:
We can keep stoploss below the resistance zone.
Please Like and Follow me.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.