DRREDDY price movement in the FLAG pattern range 1hour candle Breakout happen wait for DAY strong close above trend line, If happened Target would be 5950
Comentarios
⋅
After BO now price increased around 120 rupees / 2% return - wait for the target
You've smartly identified the significance of the 1-hour candle breakout and the importance of waiting for a strong daily close above the trend line. This approach is prudent as it seeks confirmation of the breakout's strength and sustainability, which is crucial in technical analysis.
Bravetotrade
⋅
Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade