MOTHERSUMI TRIANGLE BREAKOUT
Updated
It is been observed on the hourly chart that the price action breaks above the symmetrical triangle indicating a further move up.
Target: 336
Target: 340
Stoploss: 328
Target: 336
Target: 340
Stoploss: 328
Trade active
Trade active
Good time to enter this one as it has taken the support and now moving up again. RegardsTrade closed: stop reached
Lesson Learned: False Breakout as volume increasing after the breakout and not at the time of breakout.Note
Read the chart to understand, How big players create a trap for retail tradersRegards
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