Ascending triangle (high Probability to Breakout Resistance)
Updated
BDB is under Property Sector and this sector Just changing is cycle from down trend to up trend,
Structure of the market is uptrend and has created ascending triangle pattern
Last open is 0.555 and close bulls at 0.580 with marubozu candlestick
price close above 21 MA, above 50 MA and 100 MA at accumulation phase
Structure of the market is uptrend and has created ascending triangle pattern
Last open is 0.555 and close bulls at 0.580 with marubozu candlestick
price close above 21 MA, above 50 MA and 100 MA at accumulation phase
Note
on 3rd Jan Price closed higher at 0.605 and break resistance 0.600Perhaps tomorrow price will open above resistance at 0.600
and continue bullish to target price at 0.645
Note
Price open and close above resistanceResistance now become support
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