Breaking All-Time Highs: A Journey into TRENT's Price Action 🚀

3 thg 1

Hey traders! 🌟 Ready to embark on an exciting journey into the world of TRENT's recent price action? We've got a breakout, some zones, and a plan to trade! Let's dive in.

TRENT has made a historic move, breaking all-time highs with impressive volume. 📈
we observe the formation of a Demand Zone – the classic rally base rally (RBR) pattern.

RBR Zones: After an upward move and consolidation, another rally occurs. In our case, it's the Demand Zone. Currently, TRENT is inside the RBR zone, testing the breakout level.

TRENT is testing its breakout level with low volume, and now residing in the RBR zone. Consider initiating buy trades within this zone, aligning with the broader bullish trend.

The stage is set for potential upward momentum from the RBR zone.

📚 Remember, this analysis is for educational purposes only. I am not a SEBI registered analyst. Trade responsibly.