PTLPTL made a high of 54 and then came down 40.47 and bounced up from that levle and broke out the retracement line and its firt target would be 54.
SL would be 39.54
PTL trade ideas
Eyeing breakout levelThe price action has formed a bullish flag pattern (Weekly), with the current levels reaching a critical Fibonacci retracement zone. After a sideways trend within the flag, I'm eyeing a potential breakout . A confirmed break of the flag pattern could lead to a continuation move, targeting the clone area of the rectangle box in shortTerm & clone area of a flag pol in medium to longTerm, indicating further upside potential. The pattern may also resemble a triangle formation for the short term, which reinforces the likelihood of an upcoming bullish breakout. I also mentioned my 2nd chunk of buy if it breaks down & reach the level of .
Note: I know, I'm not good in drawing :-D Anyhow, I'm still learning, so if you have any suggestions for improvements, Please let me know, I’d appreciate your feedback. Thank you!
#PTL #GTYR
Cup and handle formation on PTL weekly chart Buy only when resistance level of handle is broken with higher volumes
Cup and handle formation on PTL weekly chart Buy only when resistance level of handle is broken with higher volumes
Cup and handle formation on PTL weekly chart Cup and handle formation on PTL weekly chart. Currently facing resistance however closing above 44 will trigger bulls
Cup & handle formation on PTL weekly chartCup & handle formation on weekly PTL chart. Currently facing resistance however closing above 44 will trigger bulls
PTL - Inverse Head & Shoulders in Accumulation TG: 68.00 - 92.00PTL - Inverse Head & Shoulders in Accumulation Zone
PTL is forming an inverse Head & Shoulders pattern within an accumulation zone, currently at the right shoulder, accompanied by a Three Outside Up candlestick formation. This suggests a potential upward move in the days ahead. A successful break above the initial resistance at 46.60 will lead to a test of the neckline breakout point at 50.00 - 52.00 levels.
A breakout above these levels will confirm the resumption of the bullish trend, targeting the 50% level at 68.00, followed by 92.00 in the short to medium term. Indicators also support this bullish bias. Consider buying and accumulating within the 37.00 - 40.00 range, with a stop-loss defined below 36.00.
PTL | Think of it as bullish!📰 PTL is sustaining its support level that lies in a range of 36-37. Pull back is expected from this level. Long position can be consider with the stop loss of 35 and potential upside on the test of triangular top around 44 can be seen and upon break out condition it can test next resistance around 44.70.
PTL on Weekly Support With Flag Pattern.PTL is currently trading at 39, at horizontal weekly support.
Flag pattern has been formed.
We are anticipating a bull run in PTL.
PTLWe can attempt to buy PTL from specified level as it gives breakout of range , also there is no bearish divergence which indicate that it move upward.
SL , TP mention in chart.
