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DOUBLE BOTTOM PATTERN BREAKOUT
HERO MOTOCORP LTD
Pembelian
DOUBLE BOTTOM PATTERN BREAKOUT
Oleh dhineshraj1410
Ikuti
Ikuti
17 Sep 2021
0
17 Sep 2021
Double bottom pattern has been formed and it took resistance from the neckline, that means it has again tested that level.
EMA 20 is tocuhing EMA 50, so there can be cross-over as well.
So there is a possible breakout towards
Upside
, check the volume while breakout happens.
Buy at 2945 - 2955 after confirmation of breakout.
Exit at 3010 - 3030 level, if it gets reversal from supply zone, or if it crosses that supply zone, exit at 3080 - 3100 level
Stoploss at 2920
Double Top or Bottom
Moving Averages
Volume
dhineshraj1410
Ikuti
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