praveen.bhatiya

Failed Rectangle pattern Wash and Rinse Pattern

Short
praveen.bhatiya Mis à jour   
NSE:HINDALCO   HINDALCO INDS
The stock has formed the Rectangle, gave breakout but instead of moving in the breakout direction or retesting the neckline it is trading below it. Trade mates can take advantage of this failed pattern setup. It may touch the lower side and even further low in due course.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Transaction en cours:
Trade is doing well :)
Trade fermée: cible de profit atteinte

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.