Seems a Cup and Handle BO,
BO candle is green.
Volume of BO Candle> Previous Day Volume.
EMA Higher Upside.
RSI>60.
Risk Reward is 1:3.66.
However, Yet Probability of success could be 50% because on Weekely TIme frame Volume is not Supportive. So Daily BO seen could be a short span Rally.
I am Not a SEBI Registered Analyst, Post is for educational purpose only.
BO candle is green.
Volume of BO Candle> Previous Day Volume.
EMA Higher Upside.
RSI>60.
Risk Reward is 1:3.66.
However, Yet Probability of success could be 50% because on Weekely TIme frame Volume is not Supportive. So Daily BO seen could be a short span Rally.
I am Not a SEBI Registered Analyst, Post is for educational purpose only.
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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.