SAZEW | Bullish Pennant Pattern

16 mai

SAZEW printed a bullish pennant pattern with no sign of divergence. A bullish trend continuation is expected, entry is suggested at 700 with the stop loss below previous lower high level at 650. Previous top of 782.50 considered as TP1 and after the break out it can leads towards the completion of pennant pattern, the price can projected towards 1,000.

20 mai

Transaction en cours

20 mai

Commentaire

30 mai

Transaction en cours

Ready to fly

31 mai

Commentaire

First Target Achieved, profit taking can be consider at this level and again take entry on dip.

3 juin

Transaction en cours

Breakout confirmed with a bullish candlestick

4 juin

Transaction en cours

Guys you must remember losing streak or winning streak isn't permanent, Traders must get use to it. Managing your risk is a key to success in this industry. Always use trailing stop loss. Retesting previous resistance to act as support around 782.50. If the selling pressure resumes and the buyer gets active the optimum target will be 1,000.

6 juin

Commentaire

SAZEW just tested its previous resistance now acting as support. Wait for pull back confirmation.

11 juin

Transaction en cours

13 juin

Transaction en cours

SAZEW shows a massive pull back from its support level and currently trading at its resistance level of around 850. If it breaks its resistance and sustains above then we can expect its mentioned second target of 1000 🚀🚀

5 juil.

Commentaire

5 juil.

Transaction en cours

12 juil.

Trade fermée: cible de profit atteinte