Inverted HNS pattern on RBL Bank 1hr timeframe initating a long
RBL Bank is been trading in a range and formed a Inverted HNS pattern on 1hr TF.. and the neckline brokeout on 7aug. now the scrip its retesting its neckline.. a long trade can be initiated here with stoploss of previous swing low for target of recent swing highs and even more...
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Tested a low of 175.85 and now trading at 183...
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near its first target.. todays high 189.4
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target 1 done today
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target 2 done