bpcl about to give a breakout

Mar 18, 2023

Chart is self explanatory.

Just for education purpose, points to be noted

• In this type of formation an entry is typically taken when the price breaks out.
  
• Buying happens if the breakout occurs to the upside, or short/sell happens if a breakout occurs to the downside.
  
• A stop loss is placed just outside the opposite side of the pattern.
  
• For example, if a long trade is taken on an upside breakout, a stop loss is placed just below the lower trendline.
  

Note: This chart is for educational purpose only!!

May 3, 2023

Note

Activated yesterday, let see how this study performs

Nov 16, 2023

Note

climbing towards second target!

Nov 29, 2023

Trade closed: target reached

SECOND EDUCATIONAL TARGET CLOSED!