HINOON: Flag and Pole pattern on 1D TF. Potential rally likely

98
HINOON is in uptrend printing HHs and HLs on 1D timeframe. Recently the chart has formed a Flag and Pole pattern. It is likely that break of previous LH (941.62) shall result in another rally that may take the price upto level of 1207.30. SL is placed below lowest point of the flag (831.72).

It is pertinent to mention that previous all time high of 1,000.00 may act as a major resistance and we may need to be careful for any reversal indications at this point. However, at this point there is no apparent indication of reversal from current price level.

TPs may be broken as per following:
TP1=1051.52
TP2=1161.42
TP3=1207.30

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.