Dear All , Continuation Patterns are always helpful to identify the trend . In TM , There was Descending Triangular Pattern , While Peak/Bottom is 145.25/103.40$ . On the First Break-Out , It was unable to sustain and came down into the pattern but On 2/3rd of Apex , It gave A Sustainable Break-Out . By Break-Out :
Calculations : According to Pattern - Difference between Peak and Bottom = 145.25-103.40$means 41.85$
By Breaking Out 145.25$ , Targets will be of [{145.25+(41.85)}]$
That's Equal to 187.10$
Conclusion : Long TM - Targets :
1st : 123/127$
2nd :130/132$ Stop-Loss : 115.35$
3rd : 144/146$
By Breaking Out 3rd Target , TM will move to 187.10$ in Medium Term .
With Regards ,
KBMJ
Research Analyst (INDIAN)
Calculations : According to Pattern - Difference between Peak and Bottom = 145.25-103.40$means 41.85$
By Breaking Out 145.25$ , Targets will be of [{145.25+(41.85)}]$
That's Equal to 187.10$
Conclusion : Long TM - Targets :
1st : 123/127$
2nd :130/132$ Stop-Loss : 115.35$
3rd : 144/146$
By Breaking Out 3rd Target , TM will move to 187.10$ in Medium Term .
With Regards ,
KBMJ
Research Analyst (INDIAN)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
