1. Approaching trendline 2. Flag and Pole pattern 3. Rebound from 200 MA 4. Support from 0.5 Fibonacci level 5. Volume lacking at the moment 6. Early signs of a breakout 7. Stop loss: 936
Better visualization of the pattern using line chart:
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
With due regards, I'm just checking auropharma with tradingview with indicator used "Auto Fibonacci extension " in search of a probable target, but whether I put in 6 months or 3 months or 1 day timeframe the trend is showing downward ; again I am using reverse option of that indicator, the all fibo value even the base value is beyond of current rate.
Please correct me if I'm wrong. Thanks.
saikatdj
⋅
Entered on 13 jul 950 avg.
MandeepJanawa
⋅
As always great post brother
sanketbele
⋅
I am in the trade since the 1st breakout of the bull flag ….🥳
Please correct me if I'm wrong. Thanks.