BHARTI AIRTEL LTDPembelian
POV: BHARTIARTL - Breakout of Descending Triangle Pattern
POV: BHARTIARTL - Breakout of Descending Triangle Pattern
1️⃣ Breakout:
A neat and clear breakout of the **Descending Triangle Pattern**, confirmed by high volume, signals strength.
2️⃣ Trend & Momentum:
On the daily timeframe, both trend and momentum are in positive sync, adding confidence to the breakout.
3️⃣ Concerns:
- On the weekly timeframe, the trend is positive, but momentum is still improving, suggesting the journey to the target could be bumpy.
- Range expansion indicates waiting for a pullback is ideal. However, with the Point of Action (POA) around 75 points away, my plan is to:
- Take half an entry at the breakout of the current candle.
- Add the other half at the pullback level, if the opportunity arises.
Disclaimer:
For educational purposes only, not financial advice.
#NiVYAMi
1️⃣ Breakout:
A neat and clear breakout of the **Descending Triangle Pattern**, confirmed by high volume, signals strength.
2️⃣ Trend & Momentum:
On the daily timeframe, both trend and momentum are in positive sync, adding confidence to the breakout.
3️⃣ Concerns:
- On the weekly timeframe, the trend is positive, but momentum is still improving, suggesting the journey to the target could be bumpy.
- Range expansion indicates waiting for a pullback is ideal. However, with the Point of Action (POA) around 75 points away, my plan is to:
- Take half an entry at the breakout of the current candle.
- Add the other half at the pullback level, if the opportunity arises.
Disclaimer:
For educational purposes only, not financial advice.
#NiVYAMi
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.