Long above 61.5
Patterns:-
1. JSWENERGY has given breakout from its long term resistance zone around 60
2. It has also given breakout from mid term trend line (blue)
3. It has formed cup & handle pattern and given breakout from it (blue)
4. It has horizontal resistance at 61.5, above which it can move good in coming days.
This is good for both positional and intraday if manage to sustain above level.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
Patterns:-
1. JSWENERGY has given breakout from its long term resistance zone around 60
2. It has also given breakout from mid term trend line (blue)
3. It has formed cup & handle pattern and given breakout from it (blue)
4. It has horizontal resistance at 61.5, above which it can move good in coming days.
This is good for both positional and intraday if manage to sustain above level.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.