Price is moving inside a rising wedge pattern as highlighted in grey.
It is a bearish pattern unless the price breaks out of the upper trendline.
To keep it simple, buy when the price reaches near the lower trendline and sell when price reaches near the upper trendline.
Around 65 % upside potential is there if bought near 155 level for a target of around 260 level with SL @ 140.
Then it can fall to 100 odd levels for fresh buying.
Will update if any changes will happen regarding price pattern.
Do your own due diligence before taking any action.
Peace!!
It is a bearish pattern unless the price breaks out of the upper trendline.
To keep it simple, buy when the price reaches near the lower trendline and sell when price reaches near the upper trendline.
Around 65 % upside potential is there if bought near 155 level for a target of around 260 level with SL @ 140.
Then it can fall to 100 odd levels for fresh buying.
Will update if any changes will happen regarding price pattern.
Do your own due diligence before taking any action.
Peace!!
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.