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!
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