SYMMETRICAL TRIANGLE SUPPORT | 25% UPSIDE POSITIONAL TRADE
Updated
Hi Friends and Fellow Traders,
Stock has broken out beautifully from the Weekly Downtrend
Strongly placed over an Area of Support
Consolidating in a Symmetrical Triangle
Price above 200 EMA in Daily (Which will act as second level of defense if Support Zone Fails)
In Hourly Timeframe : Forming a ascending Triangle
BUY on close above 250
Levels Marked on Charts.
HAPPY TRADING !!!!
Stock has broken out beautifully from the Weekly Downtrend
Strongly placed over an Area of Support
Consolidating in a Symmetrical Triangle
Price above 200 EMA in Daily (Which will act as second level of defense if Support Zone Fails)
In Hourly Timeframe : Forming a ascending Triangle
BUY on close above 250
Levels Marked on Charts.
HAPPY TRADING !!!!
Trade active
Tested the lower side of the triangle and showing buying momentum nowTrade active
Again a strong rejection from the upper side of the triangle... Sharp recovery and good buying momentum seen from lower levels of the triangle....Trade active
WoW. Test of Time and Patience !
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