hardeepssethi

Bullish Continuation Diamond Pattern

hardeepssethi 已更新   
NSE:CGPOWER   CG POWER AND INDUS
CGPOWER - Continuation Diamond Pattern (Bullish)

Following a period of consolidation, the price has surged upwards, indicating a potential continuation of the previous upward trend.

The sequence typically initiates within a downtrend, where prices form higher highs and lower lows in a broadening pattern.
Subsequently, as highs reach their peak and lows begin to ascend, the trading range gradually contracts.
Upon the breakout beyond the boundary lines of this diamond-shaped pattern, it signals the revival of the prior uptrend.

PLEASE NOTE THAT:
  • This chart analysis is only for reference purpose.
  • This is not buying or selling recommendations.
  • I am not SEBI registered.
  • Please consult your financial advisor before taking any trade
交易結束:目標達成:
EDUCATIONAL TARGET CLOSED!
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。