Earlier we have seen a very good uptrend from the bullish rectangle forming a rising wedge pattern.
Stay long as long as price stays inside the channel.
Short on breakdown from channel for the given targets.
Also target areas can act as support and be possible reversal zones. Follow future price action.
Target = Blue horizontal ray
Green arrow = Long idea
Red arrow = Short Idea.
Kindly do your own research and enter. Also if we see consolidation in the next few days below the channel then we have to update the pattern.
Stay long as long as price stays inside the channel.
Short on breakdown from channel for the given targets.
Also target areas can act as support and be possible reversal zones. Follow future price action.
Target = Blue horizontal ray
Green arrow = Long idea
Red arrow = Short Idea.
Kindly do your own research and enter. Also if we see consolidation in the next few days below the channel then we have to update the pattern.