1. In Weekly timeframe, Ashokleyland broke out of the Ascending channel on sep 2022 & Right now it formed a Bearish Pennant pattern and Gave breakdown for that too!!!(SHOWN BELOW)
2. In daily time frame, it is moving alike Inverted cup& Handle pattern(shown below)
3. In 2hr timeframe,it is trading inside a DESCENDING CHANNEL and also there is Bearish pole pennant pattern seen.
4. There is an UNFILLED GAP ZONE (127- 125 RANGE)(Gaps often gets filled)
5. Target(dashed bright green lines) & Sl(dashed red line) levels mentioned @ chart
6. Gap zone(green rectangle ) can acts as good support!!
Just be fixed with the SL level.
Let's wait and watch how it moves!!!
NOTE- Just sharing my view....not a tip nor advice!!!!
การซื้อขายยังคงดำเนินอยู่
บันทึกช่วยจำ
Going good!!!
การซื้อขายยังคงดำเนินอยู่
บันทึกช่วยจำ
Good movement....with successive lows getting tested!!!
บันทึกช่วยจำ
Nearing our target level!!!!
บันทึกช่วยจำ
1st target done!!!
บันทึกช่วยจำ
Good followup candles!!!1
บันทึกช่วยจำ
Descending channel support line nearby!!!!
การซื้อขายยังคงดำเนินอยู่
บันทึกช่วยจำ
บันทึกช่วยจำ
บันทึกช่วยจำ
bright red line forms the new pattern...seem to be respecting it!!!
บันทึกช่วยจำ
still our levels intact!!!
บันทึกช่วยจำ
let's see whether its breaking out of it or not!!!