Lupin has pierced the resistance line yesterday, and there is a clear breakout.
One should initiate a long position when price is above the previous high, if closing above previous high with bullish candle gives us price confirmation also.
Pattern will fail if close below the resistance line.
One should initiate a long position when price is above the previous high, if closing above previous high with bullish candle gives us price confirmation also.
Pattern will fail if close below the resistance line.
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Pattern not activated