BEL - Ascending Triangle pattern formation
An ascending triangle pattern seems to be formed in BEL in 5m and 15m timeframe.
Also BEL happens to be at the 52-week high level.
Hence take call positions once price crosses 144.30 level
SL would be low of the breakout candle or you can have a reasonable SL as per your study.
Targets can be marked as per pivots.
Happy Trading :)
Also BEL happens to be at the 52-week high level.
Hence take call positions once price crosses 144.30 level
SL would be low of the breakout candle or you can have a reasonable SL as per your study.
Targets can be marked as per pivots.
Happy Trading :)
Trade stängt: Stopp nått:
It was a fake breakout. My SL reached