POINT OF CONFLUENCE SPOTTED ON RELIANCE(15 MIN)
The stock can be seen trading in a triangle pattern and still respect the level of 2015 👀
If there's a breakout of this triangle pattern and a break above the resistance level of 2015 we can expect a good bullish momentum in the stock🐂
This is what i call a point of confluence , one level but 2 PriceAction concepts indicating one bias👍
Levels are marked on the charts 📈
Confirm with your setup and Add to your WATCHLIST.
If there's a breakout of this triangle pattern and a break above the resistance level of 2015 we can expect a good bullish momentum in the stock🐂
This is what i call a point of confluence , one level but 2 PriceAction concepts indicating one bias👍
Levels are marked on the charts 📈
Confirm with your setup and Add to your WATCHLIST.
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