Multiple things to watch in this chart.
Confluence can be seen acting wonderfully.
Cup and Handle formation and breakout can be seen.
Increased volume built up on breakout is clearly visible.
Intraday setup looks like below.
Long above 265 can fetch 268/270/273 with a SL of 263.
All views for study purpose only.
Confluence can be seen acting wonderfully.
Cup and Handle formation and breakout can be seen.
Increased volume built up on breakout is clearly visible.
Intraday setup looks like below.
Long above 265 can fetch 268/270/273 with a SL of 263.
All views for study purpose only.