1- formation of symmetrical traingle with tight consolidation
2- good price action respecting both the trendlines
3- with very narrow cpr
4- one can enter after breakout conformation
1- pure price action
2-break out from ascending traingle pattern with very high volume in weekly time frame
3- now retesting trendline
4- moving averages cross over 200&50 EMA
5- one can enter now 131 levels with minimal stop loss of 124 levels or last swing as stoploss
6- very good opportunity to enter now with good risk reward ratio
7- most people may took the...
1- pull back in 1 day time frame
2- morning star pattern in oversold stochastic condition
3-respecting 50 day moving average- which is healthy trend
tgt -107
1- given breakout of traingle pattern with good volume
2- succesfully retested the trend line with good volume again
3- candle stick pattern : made bullish engulfing pattern
4 - pure price action
SL: consider the trendline as stop loss
TGT: 580
