johntradingwick

BPCL - Ascending Triangle with Cup & Handle formation

Long
NSE:BPCL   BHARAT PETROL CORP
The market structure has been Bullish on a higher time frame. The price has been moving in the ascending triangle for a long time. In addition to this, the cup and handle can also be seen
which makes it a high probability setup. The target of Ascending triangle and Cup & Handle are almost overlapping in the 620-630 zone.



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P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.

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