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Mayank-Pandey

Triangle pattern breakout in LT hourly chart

LARSEN & TOUBRO (NSE:LT)  
Mayank-Pandey  
NSE:LT   LARSEN & TOUBRO
Chart Patterns Triangle LT trianglechartpattern longsetup chartpatterntrading
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chartpattern triangle lt trianglechartpattern longsetup chartpatterntrading
Chart patterns work amazingly well in markets where momentum is building. Just like current times where a counter-trend rally is ongoing. I spotted a triangle pattern being formed in hourly time frame in LT. See how beautifully it broke out.
I entered when RSI was touching 60. DId test me for a day before breaking out.
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