ascending triangle breakout pattern trade
iex :
cmp 131.75
trade setup:
1. buy above 132.50
2. stop loss 126 on closing basis
3. targets : 141/ 145 / 153 / 157 / 163+
technical setup:
1. ascending triangle pattern breakout trade
2. volume spike near breakout
3. bullish engulfing candle
4. higher weekly close
5. value addition
cmp 131.75
trade setup:
1. buy above 132.50
2. stop loss 126 on closing basis
3. targets : 141/ 145 / 153 / 157 / 163+
technical setup:
1. ascending triangle pattern breakout trade
2. volume spike near breakout
3. bullish engulfing candle
4. higher weekly close
5. value addition
Trade active
Note
169+ high
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