NMDC - Ascending triangle + Volume expansion

٥ يونيو ٢٠٢١

Key Highlights:

1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming Ascending triangle
4. May pullback to the 183-186 zone
5. Target: 198, 213, 224

I have made an illustration on the left-hand side, to explain the ascending triangle pattern.

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.