LUMAX INDUSTRIES_LONG
Hi,
Overview
Weekly Chart/ Daily : Main trend is in uptrend, last resistance has been broken with good volume. .
4H / 1 H: I usually be more interested into any trade in these time frames only. On 4 H, last candle is with good volume & having upper wick, represents a price rejection at upper levels.
It could be possibility that price might come & check last support level before moving further UP & same pattern you will observe on 1 H time frame
Thanks for reading!
Overview
Weekly Chart/ Daily : Main trend is in uptrend, last resistance has been broken with good volume. .
4H / 1 H: I usually be more interested into any trade in these time frames only. On 4 H, last candle is with good volume & having upper wick, represents a price rejection at upper levels.
It could be possibility that price might come & check last support level before moving further UP & same pattern you will observe on 1 H time frame
Thanks for reading!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.