CANBK BOX pattern
it has tightly consolidated between 140-160 for the last 4 months.
RSI showing bullish strength on weekly chart.
higher volume across candles indicates good accumulation during consolidation phase.
160 acts as strong resistance, tested multiple times.
on daily chart shows cup & handle pattern.
RSI showing bullish strength on weekly chart.
higher volume across candles indicates good accumulation during consolidation phase.
160 acts as strong resistance, tested multiple times.
on daily chart shows cup & handle pattern.
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