Varun113311

Falling wedge on UJJIVANSFB 1W - great time to buy

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Varun113311 Güncellendi   
NSE:UJJIVANSFB   UJJIVAN SMALL FINANC BANK
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout occurs.

My idea is to take the RSI into account which is breaking out the trend line.
İşlem elle kapatılmış:
closing at 2 RS loss per share
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.