EIH Ltd: Symmetrical Triangle Breakout Imminent



EIH Ltd is forming a symmetrical triangle pattern on the hourly chart, with price action squeezing towards the apex. A breakout above 385 would signal a potential upward move, targeting the 410 zone. The RSI is trending upwards, indicating building bullish momentum. Watch for a volume spike to confirm the breakout, which could result in a swift move higher. Keep an eye on the support at 370 for stop loss placement in case of any pullback.
Uwaga
snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

Join our community in telegram for real time updates --- telegram.me/marketiik

Telegram- telegram.me/marketiik

A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Również na:

Wyłączenie odpowiedzialności