Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
LT has been trading in the Price Action Value Area referred before in the linked idea.
It's showing the Elliot Traingular Bullish Consolidation
It may be a good idea to enter long positions
Reliance triangular pattern breakout in last 30 minutes candle.
Expecting gap up tomorrow
Supply zone @1555-1576
Triangular Pattern Formed
As seen in charts TRIANGULAR BREAKOUT given by the INFOSYS,1hr chart.
one can BUY(LONG) @ 714.55 With Target of 759.6 & would be SL of 684 (hourly closing).
Which brings 1:1.5 Risk Reward Ratio.
Its a swing trade after breakout of the triangular pattern on daily chart it is coming back for retesting keep sl and target as shown in chart and trail it on every target.