Attempting breakout of a important resistance.
Formed a ascending triangle pattern + inverted head & shoulder pattern.
Its having a good momentum price above 20 ema with a trending RSI.
Price needs to sustain above 4000 level mark to confirm the breakout.
A selling pressure can be seen around 4500 levels.
Note: This is just for analysis purpose, please do your own research before punching any orders.
🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
Formed a ascending triangle pattern + inverted head & shoulder pattern.
Its having a good momentum price above 20 ema with a trending RSI.
Price needs to sustain above 4000 level mark to confirm the breakout.
A selling pressure can be seen around 4500 levels.
Note: This is just for analysis purpose, please do your own research before punching any orders.
🔍 For more technical analysis and trade setups, make sure to follow me on TradingView