ONGC I OIL Burning Bright : Inverted H&S Pattern!!
Hello Traders,
- ONGC is trading at a place called AOI (Area of Interest) A place from where price usually reverses.
- 218 levels is acting as a strong support pushing prices higher after a intraday low of about 3% making a big pin bar candle on 1D chart
- Inverted head and shoulder on 15m timeframe.
PRO TIP/-
The Entry Line is the Neckline of the inverted Head and shoulder.
Target 1:- 228
Target 2 :-231
Entry Criteria
Strong Close above Entry Line (225) 15mins TF
Stoploss
Entry Candle Low (not more than 0.8%)
Not an Investment Advise
- ONGC is trading at a place called AOI (Area of Interest) A place from where price usually reverses.
- 218 levels is acting as a strong support pushing prices higher after a intraday low of about 3% making a big pin bar candle on 1D chart
- Inverted head and shoulder on 15m timeframe.
PRO TIP/-
The Entry Line is the Neckline of the inverted Head and shoulder.
Target 1:- 228
Target 2 :-231
Entry Criteria
Strong Close above Entry Line (225) 15mins TF
Stoploss
Entry Candle Low (not more than 0.8%)
Not an Investment Advise
Trade fermée: cible de profit atteinte
Target 1 and 2 hit !!! Great work everyone
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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.
Publications connexes
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.