PHARMA SECTOR - Time to rally?
Price Analysis & Overview:
1. Good consolidation and BO candle formation.
2. Grabbed liquidity of sellers.
3. Need prices to sustain at the higher levels for further confirmation of momentum.
MONTHLY TF VIEW:
- Breakout after 3 Indecision (doji) candles breakout on monthly.
- 20%+ minimum momentum will be expected.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Good consolidation and BO candle formation.
2. Grabbed liquidity of sellers.
3. Need prices to sustain at the higher levels for further confirmation of momentum.
MONTHLY TF VIEW:
- Breakout after 3 Indecision (doji) candles breakout on monthly.
- 20%+ minimum momentum will be expected.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Note
Good Going...
Anubrata Ray
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