Einstein15

IBREALEST Triangle Breakout

Einstein15 Updated   
NSE:IBREALEST   INDIABULLS REAL EST
IBREALEST is moving in a traingle for 6 months now. The wicks are spot on the trentline. The last testing of trendline cudnt push it high enough, and its back on the edge. Awaiting a breakdown or reversal. Its closing towards 200 ema.
Comment:
Another Setup. HIT THE PLAY BUTTON!!
Aftera good leg up, its on the upper edge of the triangle in the reversal/breakout zone.
Comment:
Another Setup. HIT THE PLAY BUTTON!
Broke out of the triangle. Watch out for the false breakout, if at all.
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.