Study 4: Open Wedge - TITAN
Actualizado
This is Just for study purpose. TITAN seems to be a OPEN WEDGE breakout (Pattern - strong, Confident - average). It could possible turn into a descending triangle.
Buy at 1520. Target level 1- 1530. Target level 2 - 1560.
Buy at 1460 after it retest at 1450. Target 1490 - 1500.
Buy at 1520. Target level 1- 1530. Target level 2 - 1560.
Buy at 1460 after it retest at 1450. Target 1490 - 1500.
Nota
If bought at 1520. Target level 2 - 1560 (HIT). Profit booking could have done at 1561.50. 2.63% Profit. Will continue to observe if it can reach resistance 2.Nota
Perfect Wedge pattern observed. If bought at 1520 and sold at 1594. Profit would be 4.6%.Nota
Clearly open wedge pattern is still continuing
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