Understanding the market structure is an key element in Technical analysis.
Rbl Bank has made this Head and shoulder pattern at a key level which is marked as black Horizontal line.
Once it broke both the area
Which is same in this case
Give us double confirmation to go long
In case if someone miss the breakout entry and who are not aggressive trader they can enter at the Retest!
If you want to learn more price action strategies and setup live with us
Do contact us!
Rbl Bank has made this Head and shoulder pattern at a key level which is marked as black Horizontal line.
Once it broke both the area
Which is same in this case
Give us double confirmation to go long
In case if someone miss the breakout entry and who are not aggressive trader they can enter at the Retest!
If you want to learn more price action strategies and setup live with us
Do contact us!