ABFRL - Ascending Triangle - Very low Risk High Reward trade
The above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself. Entry should be above the high of today's candle
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to connect with me for any query or suggestion regarding this stock or Price Action Analysis.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself. Entry should be above the high of today's candle
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.