Sonata Software, on the 1-hour timeframe, demonstrates a strong bullish momentum with TP1, TP2, and TP3 successfully achieved. TP4 is within close range and is likely to hit as the trend continues on the Risological Swing Trading Indicator.
Sonata Software Key Levels:
Sonata Software Technical Analysis:
The trade was initiated at 566.65, following a clear breakout above the Risological Trend Line. The consistent upward momentum indicates a strong trend, with well-marked take-profit levels and a tight stop-loss at 549.85 to manage risk effectively.
With TP4 nearly achieved, the bullish momentum suggests further upside potential. Traders should closely monitor the price action near TP4 for possible profit-taking or further extension.
Namaste!
Sonata Software Key Levels:
- TP1: 587.45 ✅
- TP2: 621.10 ✅
- TP3: 654.75 ✅
- TP4: 675.55 (Pending)
Sonata Software Technical Analysis:
The trade was initiated at 566.65, following a clear breakout above the Risological Trend Line. The consistent upward momentum indicates a strong trend, with well-marked take-profit levels and a tight stop-loss at 549.85 to manage risk effectively.
With TP4 nearly achieved, the bullish momentum suggests further upside potential. Traders should closely monitor the price action near TP4 for possible profit-taking or further extension.
Namaste!
- Supercharge your trading with > Risological.com
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- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
Related publications
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.
- Supercharge your trading with > Risological.com
- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
Related publications
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.