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Supportive trendline with counter trendline breakout
VIDHI SPCLTY F INGRDNTS L
Long
Supportive trendline with counter trendline breakout
By mahhisingh
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Sep 11, 2022
2
Sep 11, 2022
**New setup-
** Supportive trendline with multiple touches and counter trendline for breakout confimation
** Lower high formation ( bullish trend) > pattern on supportive trendline will work ( probability-83%)
** here a triangular pattern or we can say counter trendline breakout
** Stop loss- below the bullish candle (11%) or below 200 EMA
Target- 1st 508, 2nd-617, 3rd-780
Butterfly
countertrendline
supportivetrendline
Trend Analysis
Trend Lines
mahhisingh
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