MAHARASHTRA SEAMLESS LTD
לונג

POV: MAHASEAMLES - DROP - BASE - RALLY

179
POV: MAHASEAMLES - DROP - BASE - RALLY

Chart Reading:

Background:

On December 3rd, I entered this stock at a swing high breakout after observing the following parameters:

1. A Double Bottom pattern (A1 - A2) formed at the Fibonacci 0.618 level.

2. This was followed by a Double Top pattern (B1 - B2).

3. Momentum and trend aligned perfectly, indicating synchronization.



This entry provided the expected move with unexpected speed, reaching Target 1.

Today, I observed another significant pattern currently forming: DROP - BASE - RALLY.

If the upcoming session gives a pullback before crossing the gap zone,

it would present a strong setup to aim for the pattern target and Target 2.


For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.

#NiVYAMi
הערה
Target 1 Achieved for Breakout Traders and look for reversal pattern for Pullback Entry
הערה
Pullback Entry Opportunity just Triggered (1st Jan 25)

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.