Ascending Channel Pattern
Stock is pushing too hard on the upside. We have an Ascending Channel + Ascending Flag Pattern in the making.
The stock took all the support that it could around 200 EMA & lower channel.
Now the stock is making Higher Highs & Higher Lows which is a bullish continuation confirmation.
If stock breaches the channel, Long Trade will activate. If stock breaches from the current level then let it cross our green square.
Rising volumes will be a 2nd confirmation of the bullish trend.
Stop loss will be the upper channel.
Target will be open.
Stay Safe & Trade Safely.
Stock is pushing too hard on the upside. We have an Ascending Channel + Ascending Flag Pattern in the making.
The stock took all the support that it could around 200 EMA & lower channel.
Now the stock is making Higher Highs & Higher Lows which is a bullish continuation confirmation.
If stock breaches the channel, Long Trade will activate. If stock breaches from the current level then let it cross our green square.
Rising volumes will be a 2nd confirmation of the bullish trend.
Stop loss will be the upper channel.
Target will be open.
Stay Safe & Trade Safely.
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.
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.