M_M Channel Consolidation

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Notes
  • Been in a very tight channel consolidation since 1st of June (797-820). Could give a good move on breaking either of these levels.
  • Both long and short term MAs are currently converging which is further decreasing the range of movement within the channel.
  • Volumes are also declining during the consolidation.



Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Note
Still in the same tight consolidation.
Note
Only that the levels seems to be respected... Still waiting...
Note
The more it consolidates, the better ;) Volumes are also on the low which is really good for the possible breakout too.
Trade fermée: cible de profit atteinte
Just a Beautiful Break!
Chart PatternsM_MTrend Analysis

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