Triangle 🔺️ pattern Breakout.
■On a Daily Time Frame, Lemon tree Hotel has given a Breakout.
□To Initiate a Trade,
○SL can be maintained below the low of Breakout candle.
○Targets are on the chart
(Used Trend Based Fibonacci Extension Tool to determine targets)
○ Risk Reward ratio is 1:2 From current market price.
□To Initiate a Trade,
○SL can be maintained below the low of Breakout candle.
○Targets are on the chart
(Used Trend Based Fibonacci Extension Tool to determine targets)
○ Risk Reward ratio is 1:2 From current market price.
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