SAZEW | Bullish Pennant Pattern

16 mag

SAZEW printed a bullish pennant pattern with no sign of divergence. A bullish trend continuation is expected, entry is suggested at 700 with the stop loss below previous lower high level at 650. Previous top of 782.50 considered as TP1 and after the break out it can leads towards the completion of pennant pattern, the price can projected towards 1,000.

20 mag

Trade attivo

20 mag

Commento

30 mag

Trade attivo

Ready to fly

31 mag

Commento

First Target Achieved, profit taking can be consider at this level and again take entry on dip.

3 giu

Trade attivo

Breakout confirmed with a bullish candlestick

4 giu

Trade attivo

Guys you must remember losing streak or winning streak isn't permanent, Traders must get use to it. Managing your risk is a key to success in this industry. Always use trailing stop loss. Retesting previous resistance to act as support around 782.50. If the selling pressure resumes and the buyer gets active the optimum target will be 1,000.

6 giu

Commento

SAZEW just tested its previous resistance now acting as support. Wait for pull back confirmation.

11 giu

Trade attivo

13 giu

Trade attivo

SAZEW shows a massive pull back from its support level and currently trading at its resistance level of around 850. If it breaks its resistance and sustains above then we can expect its mentioned second target of 1000 🚀🚀

5 lug

Commento

5 lug

Trade attivo

12 lug

Trade chiuso: obiettivo raggiunto