Pundi X[new] broke out the triangle a good long opportunity
Dear friends, the Pundi X has broken out the triangle on 4-hour chart, as the price action has re-tested the resistance of triangle as support and confirmed the breakout.
Sell targets:
The technical sell target as per the symmetrical triangle for this trade is $2.
Stop loss:
Stop loss is $1.60 as it is the recent swing low before the breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Sell targets:
The technical sell target as per the symmetrical triangle for this trade is $2.
Stop loss:
Stop loss is $1.60 as it is the recent swing low before the breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade