SYMMETRICAL TRIANGLE WAITING A BREAK 👀👀
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Hello friends I am sharing the weekly chart of Bajaj Finserv and it seems that is trading in a Symmetrical Triangle pattern nowadays with taking a resistance on upper line of triangle and support from the lower line of support mentioned on that triangle so what we can do after a Breakout Or breakdown happen or Until the for this I am sharing the ideas below.
BREAKOUT BREAKDOWN-:
BREAKOUT IDEA-: If it will break the Resistance of that triangle we can go for long for the target of 1800 zones which is near about the next resistance.
BREAKDOWN IDEA--: If it will break the Support of the Triangle we can go for a short for the target of 1100 zones which is nearly about the next support.
TARGETS-:
IDEA FOR PRESENT SITUATION-: Until then it gives a breakout or breakdown for a directional trade we trade on a Buy on support sell on resistance or sell on resistance buy on resistance strategy.
SUPPORT RESISTANCE PLAYING-:
Mine believe- Given time for waiting the maturity of trade it will never vain at the end you will come out with learnings.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
BREAKOUT BREAKDOWN-:
BREAKOUT IDEA-: If it will break the Resistance of that triangle we can go for long for the target of 1800 zones which is near about the next resistance.
BREAKDOWN IDEA--: If it will break the Support of the Triangle we can go for a short for the target of 1100 zones which is nearly about the next support.
TARGETS-:
IDEA FOR PRESENT SITUATION-: Until then it gives a breakout or breakdown for a directional trade we trade on a Buy on support sell on resistance or sell on resistance buy on resistance strategy.
SUPPORT RESISTANCE PLAYING-:
Mine believe- Given time for waiting the maturity of trade it will never vain at the end you will come out with learnings.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
Ghi chú
GAINING GOOD FOR SUPPORT RESISTANCE PLAYERSGiao dịch đang hoạt động
GAINING GOOD REACHED 1432 FROM 1337 FOR SUPPORT AND RESISTANCE PLAYERSGhi chú
LONG SUPPORT BREKDOWNGhi chú
KEEP A WATCH FOR COMING WEEK🤝✌️
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