DCB Bank Ready for a Upside

Pattern:  Falling Wedge

1. A possible trend reversal is indicated by the breakout that took place above the wedge resistance.
   
2. A retest of the breakout zone is anticipated, providing a high-probability entry point, despite the current strong move.
   
   

🔔 Trade Setup
Entry: Wait for price to retest the broken wedge resistance (now acting as support).

Enter long upon confirmation of support (bullish candlestick pattern or bounce).

Targets: 🎯 Target 1: Near previous horizontal resistance zone (marked as Target 1 on chart)

🎯 Target 2: Higher resistance area aligning with previous swing high (marked as Target 2)


Stop loss :
Below the Trendline ( Marked as Stop loss )

***This not a Buy/Sell Recommendation*** *** I am not a registered advisor***
*** Consult your Financial Advisor before making any Decisions***