PatternChartTrader

ABFRL - Triangle Pattern

NSE:ABFRL   ADITYA BIRLA FASH
Preceding Trend: Up

Time Frame: Daily Chart

Bullish Continuation
Pattern: Triangle

Observation:
Total 5 touch points
2 touch points on highs
3 touch points on lows
Breakout on decent volumes

22% potential upside from breakout

pattern fails, if price closes below the last higher low of the triangle
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