Hello Falcon traders
today again i have come up with anotehr chart for swing trading
showing the logic and what is my trade plan
Rain Industries has broken out on the daily time frame above the key zone of resistance and we can see Volumes spurt during this breakout
Volumes are on a higher side - confirm the breakout
Consolidation over the weekly time frame - when we analyse the chart on the weekly time frame we see a lot of consolidation has taken place on the weekly time frame.
The charts suggest a bullish breakout on the higher time frame.
i am bullish for the traget as market in the short term - bulish trend on the charts
today again i have come up with anotehr chart for swing trading
showing the logic and what is my trade plan
Rain Industries has broken out on the daily time frame above the key zone of resistance and we can see Volumes spurt during this breakout
Volumes are on a higher side - confirm the breakout
Consolidation over the weekly time frame - when we analyse the chart on the weekly time frame we see a lot of consolidation has taken place on the weekly time frame.
The charts suggest a bullish breakout on the higher time frame.
i am bullish for the traget as market in the short term - bulish trend on the charts
