TECH M ASCENDING TRIANGLE,INSIDE BAR & PINBAR IN 1D &1W.
Analysis based on Pattern and pure price action.
1. Ascending triangle formation in daily and weekly timeframe.
2. Inside bar in weekly timeframe along with pinbar.
2. Buy on break of weekly candle(pinbar) high,with stop-loss at candle low.
3. Target based on supply and demand zone.
1. Ascending triangle formation in daily and weekly timeframe.
2. Inside bar in weekly timeframe along with pinbar.
2. Buy on break of weekly candle(pinbar) high,with stop-loss at candle low.
3. Target based on supply and demand zone.
Order cancelled:
Long position aborted as breakout was false breakout as price didn't closed above expected entry price.