Reliance forming a bullish pattern

21 Nis

Reliance is making a falling wedge pattern, a bullish reversal setup that typically breaks to the upside.

A breakout above the upper wedge line confirms the wedge breakout.

The immediate target will be the top of the pattern zone — ~1300–1320.

Extended target (measured move): Adding the wedge height (~200 points) to the breakout level → Can aim for 1450–1500 range on long term.
Buying on the breakout and retest of wedge as support will be a valid entry.

5 May

İşlem aktif

T1 done. Next 1445

21 May

İşlem kapandı: hedefe ulaştı