๐ก "Tower Break! Signal Caught at โน400"
๐ Chart Pattern: Falling Trendline Breakout + Range Break
๐ Current Price: โน400.25
๐ฏ Target: โน448.80
๐ก๏ธ Stoploss: โน388.15
๐ Risk:Reward โ 1:3.75
๐ Volume Spike confirms breakout
๐ป Accumulation between โน360โโน395 now acting as base
๐ก Trade Setup:
After a long consolidation in a rectangular range, the price has broken out of both horizontal and descending resistance lines with strong volume. The price is above the breakout zone and retesting the level.
๐ Chart Pattern: Falling Trendline Breakout + Range Break
๐ Current Price: โน400.25
๐ฏ Target: โน448.80
๐ก๏ธ Stoploss: โน388.15
๐ Risk:Reward โ 1:3.75
๐ Volume Spike confirms breakout
๐ป Accumulation between โน360โโน395 now acting as base
๐ก Trade Setup:
After a long consolidation in a rectangular range, the price has broken out of both horizontal and descending resistance lines with strong volume. The price is above the breakout zone and retesting the level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.