1. Since 2008, there are multiple supports at the bottom
2. More then 3 resistance at top
3. After 2020 April the volume is getting pretty decent
4. B/O happened in the month of Oct 2021 but Hugh Wick haas formed in monthly time frame, If the price crosses 107 this month, then the price movement can been expected upwards with pretty decent returns
Note : Key to win this kind of setup is to have patience
Just buy and hold for at least 3 months.
Disclaimer : Just for education Purpose.
Caution before get in to trading.
Thanks Happy Trading :)
2. More then 3 resistance at top
3. After 2020 April the volume is getting pretty decent
4. B/O happened in the month of Oct 2021 but Hugh Wick haas formed in monthly time frame, If the price crosses 107 this month, then the price movement can been expected upwards with pretty decent returns
Note : Key to win this kind of setup is to have patience
Just buy and hold for at least 3 months.
Disclaimer : Just for education Purpose.
Caution before get in to trading.
Thanks Happy Trading :)
Not
Comment: 1) Due to Retracement,after a B/O, now can expect an upward move as the monthly time frame closes positively2) Plus this is a multiyear B/O.
So upward movement is anticipated :)
Thanks Happy Trading :)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.