Rectangle pattern breakout/retest
Updated
It has formed a good Rectangle Pattern with alternate touches and good height of 42 points. This simple pattern has broken the channel which could be used for a profitable trading. How to handle it please refer my earlier post and as a target for this pattern we can expect range doubling i.e 547.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade closed: target reached
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