CUP pattern on SONATA SOFTWARE on Weekly TimeFrame Long

SONATA SOFTWARENSE

Description

⋅ Mar 10, 2023 8:44 PM

SONATA SOFTWARE -

- Cup Pattern (1 year 3 months) (WEEKLY time frame)
- Breakout on March 1st, 2023 - Level 768.70
- Approaching retest zone of 768.70 - 753.00
- Entry on reversal Price Action

* Monthly RSI above 60
* Weekly RSI above 60
* Daily RSI approaching 60

Chances of bounce/reversal on daily time frame

Targets - 1. 809.50
2. 822.25
3. 824.35

StopLoss - Entry yet to be activated