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Falling wedge trading set up
SHAKTI PUMPS (I) LTD
Long
Falling wedge trading set up
By The_SharkTrader
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Updated
Jun 21
8
May 16, 2023
1. Beautiful falling wedge with 5 months consolidation breakout
2. Clean & crisp structure for its continuation of uptrend
3. 1:4+ RR minimum
Sep 1, 2023
Trade closed: target reached
1:4+ RR trade with 83%+ ROI in 4 months done, as per this target is achieved, but i strongly feel it was just warm until now, move will start now
Nov 12, 2023
Note
116%+ ROI so far, and TP2 & TP3 may follow
Jan 30
Note
220%+ ROI ACHIEVED 1:12 RR ACHIEVED, STAY TUNED FOR TP 3
Jun 21
Note
575%+ ROI done and all target hit, book partials and leave something as long as trend continues
Beyond Technical Analysis
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