TradingView
TheChartereds
Feb 28, 2023 6:14 AM

HINDUNILVER | Time to slow down?? Short

HINDUSTAN UNILEVERNSE

Description

The Chart is pretty Self-Explanatory.

1. Since March 2022, the price climbed almost 42% to make an all-time high.
2. It then consolidates for 200+ days, to form a double-top pattern.
3. Recently, with 4 parabolic red candles it broke the zone.
4. We should see some pullback if it has to resume its retest and continuation

What do you think??

If it was worth your time, do give us a like. Anything on your mind? Feel free to leave us a comment :)

DISCLAIMER: WE ARE NOT ADVISORS. WE ARE NOT REGISTERED. THE IDEAS ARE MERELY PERSONAL OPINIONS. PLEASE CONSULT YOUR FINANCIAL ADVISORS BEFORE INVESTING. WE LIKE EVERYBODY ELSE HAVE THE RIGHT TO BE WRONG :)

Trade closed manually

Marking it closed as we have updated the price action. The link is here:
More