Heritage Foods (1W)
Price has manage to breakout a 6yr long zone (orange one) and now it is turned into a strong swap zone! Moving on further, there is a fresh Monthly supply zone from where price has reacted recently.
Also, a rounding bottom formation can be seen on the chart which can further transform into Cup & Handle pattern. So, keep a watch on the price movement.
Pivot Reversal Level:
- Buy above 522
- Sell below 458.3
Also, a rounding bottom formation can be seen on the chart which can further transform into Cup & Handle pattern. So, keep a watch on the price movement.
Pivot Reversal Level:
- Buy above 522
- Sell below 458.3
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