Pennant
Will BEL Sustain ?This is 1D timeframe.
After a good bullish rally it went in a consolidation for last 3 months and now showing some strength.
1] Last day it had gave breakout from this bullish pennant pattern,
with a strong Bullish Belt Hold candlestick type.
2] It have recently gave strong rejection to bears and have formed bullish hammer at support trendline.
3] Volume increment with breakout.
It is near it's short term resistance(R1) which is at 249-252.
If this is broke by it in next coming days and give
LShort
XAUUSD - Gold looks bearish below 1815Xauusd looks bearish below 1815 .
Sell - 1812
Target - 1800 , 1760
Sl- 1823
XShort
AUD/JPY retesting done in short sideAgain selling started in AUD/JPY it tested the PENNANT pattern breakout. Now it started moving in down side again.
I am an Technical analyst. I have an 5 year experience of analysis. Providing you sweet and simple analysis of Forex pairs. For an paid/ daily analysis you an contact me detail in profile (Free calls for 3 days only) then its Paid with guidance.
LEVELS TO WACTH IN SHRIRAM TRANSPORTNSE:SRTRANSFIN
PENNANT PATTERN IS FORMED ON A DAILY TIME FRAME.
Onces it break this pattern there is a chance that it will a move both side.
a target of 1291 can be seen in near future.
This is for educational purpose.
SLong
💎 ALPHAUSDT : 266% Profit Potential in Next 4 Months💣💣💣💣last 2-3 weeks we seen huge buying in ALPHA coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
ALong























