rising wedge short in cumminsind :
cumminsind : cmp 1680.95
trade setup :
1. sell in range 1680 to 1685
2. keeping 1732 as closing basis stop loss
3. targets : 1643 / 1604 / 1548 / 1519 / 1478 & below
technical setup :
1. rising wedge pattern trade
2. stochastic RSI in monthly set up at 100
indicating highly over bought price zone
3. volume getting drying up at higher levels
4. real breakdown will happen when price breaks below trend line support.
note :
rising wedge pattern :
pattern forms when both resistance and support trend lines moves in ascending pattern as sketched in charts .
price pattern will deliver higher highs & higher lows .
converge near apex point and trend to breakdown below trend line support to deliver faster downside targets .
keep stop loss as mentioned in trade setup .
trade setup :
1. sell in range 1680 to 1685
2. keeping 1732 as closing basis stop loss
3. targets : 1643 / 1604 / 1548 / 1519 / 1478 & below
technical setup :
1. rising wedge pattern trade
2. stochastic RSI in monthly set up at 100
indicating highly over bought price zone
3. volume getting drying up at higher levels
4. real breakdown will happen when price breaks below trend line support.
note :
rising wedge pattern :
pattern forms when both resistance and support trend lines moves in ascending pattern as sketched in charts .
price pattern will deliver higher highs & higher lows .
converge near apex point and trend to breakdown below trend line support to deliver faster downside targets .
keep stop loss as mentioned in trade setup .
註釋
1666.70 low註釋
1589.10 low註釋
1553 low註釋
1546 low註釋
1502 low註釋
1493 low註釋
1481 low交易結束：目標達成
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。
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。