Identifying candelistic pattrn for swing trades-educational
1.Stock was on short term down trend making LH ,LL
2.Price is taking support of trend line .
3.formed a bullish engulfing patrn .
4.also broke its recent LH successfully .
5.Volume and RSI substantiates the analysis.
Could give 3-5% in short term - educational purpose only .
2.Price is taking support of trend line .
3.formed a bullish engulfing patrn .
4.also broke its recent LH successfully .
5.Volume and RSI substantiates the analysis.
Could give 3-5% in short term - educational purpose only .
