Senco Gold at the Trendline Resistance. Wait for Breakout

30 thg 6

Senco Gold has been moving in a Channel from 12 September 2023. There is also a Round Bottom formation on DTF and has broken out of the resistance Zone @ 1053-1075.
It has also reached ATH @ 1177.
For fresh entry can wait for breakout of the channel for a Target of 1300.

11 thg 7

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It did not break the upper trendline but reversed. Will have to wait for it to reach the bottom trendline and reverse from there for entry.