Possible scenarios I am looking at:
1. BO and retest of the highest daily close(case 1).
2. Consolidation and then BO(case 2).
3. Drop to the lower boundary of the rising wedge and then Pump(case 3).
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
1. BO and retest of the highest daily close(case 1).
2. Consolidation and then BO(case 2).
3. Drop to the lower boundary of the rising wedge and then Pump(case 3).
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
