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Symmetrical Triangle pattern

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Hey Guys,

Go Long only after taking support from the trend line. If it breaks you can see a good downfall.
PVR is forming a symmetrical triangle pattern and trading in a range from a few days.
Points to consider.
1.RSI is 60 perfect for going either side.
2. Volume is getting squeezed from few days.
3. Strong trend line support.
4. MACD is in the Thin range.
5. OI is more on-call side.

#Trade as per your appetite. Consult your financial advisor.

Stay tuned for updates
İşlem aktif
Today it made 25 points and they retracement has been done. So if it bounce back tomorrow go the trade after confirmation.
İşlem kapandı: hedefe ulaştı
As mentioned it bounced back and made high of 1118 . Very good breakout today

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.