Hi guys ... As shown in the chart IGL has formed both Flag and pole + Rounding Bottom Pattern and it looks good only above 578- 580
Targets can be the 100% of the depth of the rounding bottom pattern and Target 2 will be 100% of the length of the pole ..
-- Things to remember
--- Breakout should be done with Good volumes
--- Once breakout done .. it can come back to retest the support which was once resistance ...
-- Please wait for the confirmation ... so for being Safe side buy 1-2 points above the mentioned levels
- Note : I am still a learner ... Do let me know if i miss something
- Disclaimer : - This is Just for Education purpose only
Targets can be the 100% of the depth of the rounding bottom pattern and Target 2 will be 100% of the length of the pole ..
-- Things to remember
--- Breakout should be done with Good volumes
--- Once breakout done .. it can come back to retest the support which was once resistance ...
-- Please wait for the confirmation ... so for being Safe side buy 1-2 points above the mentioned levels
- Note : I am still a learner ... Do let me know if i miss something
- Disclaimer : - This is Just for Education purpose only