Long
symmetrical triangle breakout trade!
waterbase : 124
trade setup:
1. buy above 128
2. keep stop loss as 111 on closing basis
3. targets 145/164+
key technical highlights :
1. symmetrical triangle
2. rectangle
3. breakout concept .
note :
stock price trading in compression zone .
any time breakout expected .
dry volume during price correction / consolidation .
& good volume seen in previous bullish patterns
trade setup:
1. buy above 128
2. keep stop loss as 111 on closing basis
3. targets 145/164+
key technical highlights :
1. symmetrical triangle
2. rectangle
3. breakout concept .
note :
stock price trading in compression zone .
any time breakout expected .
dry volume during price correction / consolidation .
& good volume seen in previous bullish patterns
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.