TradingView
skandha1986
Mar 2, 2023 5:26 PM

PEL - Rectangle (Range) pattern breakdown - 15% downside potenti Short

PIRAMAL ENTERPRISENSE

Description

PEL has formed a rectangle pattern range and given breakdown at 785 levels.
Downside target is coming to 665 levels.
SL: Daily candle close above 785.

Trade active

Going good

Trade closed: target reached

Target reached :)
Comments
Kapil-Mittal
👏 Great analysis! It's impressive how you were able to identify the rectangle pattern and predict the downside target. I also appreciate that you included a stop loss to manage risk. Keep up the good work! 👍
skandha1986
@Kapil-Mittal, Thank you :)
sinarehospital111
hello sir, do you have private group Or premium?
skandha1986
@sinarehospital111, Don't be under impression that if you pay fees, you will get good outcome. I am posting here everything for learning and sharing my analysis (ALL FREE!!). Utilize the same to full extent!!
ThatCrazyTrader
More