LUMAX INDUSTRIES_LONG
Hi,
Overview
Weekly Chart/ Daily : Main trend is in uptrend, last resistance has been broken with good volume. .
4H / 1 H: I usually be more interested into any trade in these time frames only. On 4 H, last candle is with good volume & having upper wick, represents a price rejection at upper levels.
It could be possibility that price might come & check last support level before moving further UP & same pattern you will observe on 1 H time frame
Thanks for reading!
Overview
Weekly Chart/ Daily : Main trend is in uptrend, last resistance has been broken with good volume. .
4H / 1 H: I usually be more interested into any trade in these time frames only. On 4 H, last candle is with good volume & having upper wick, represents a price rejection at upper levels.
It could be possibility that price might come & check last support level before moving further UP & same pattern you will observe on 1 H time frame
Thanks for reading!
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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.
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.