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jayroy
Jul 29, 2021 10:54 AM

rising channel with volume Long

BALRAMPUR CHINI MINSE

Description

price is forming rising channel and given breakout horizontal resistance. selling have been dried up. i belive in simple price action. if see deeply bulls have accumulated by showing wide spread throughout channel . today's candle is showing sellers pressure also. but closing is important and that is bull power.
Comments
PriceActionTrader1
yea. It ended up being false break but it's still in the channel and from past few days it's consolidating near the horizontal area of resistance. We could see a big breakout from here.
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