Broadening Formations, Right-Angled and Ascending/Engulfing

The stock has formed Broadening Formations, Right-Angled and Ascending pattern and one can buy on the touch at horizontal line. There was Bullish Engulfing on 13.06 and it trades above the next day showing strength. Stop Loss is of one bar is affordable .
Entry 18100
SL 17750
Target 19500
RR Ratio 4
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Trade active: It has traded below the SL but closing was above it so trade is still active. Fingers crossed.
Trade closed manually: Not showing any movement so closing the trade.


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