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Broadening Formations, Right-Angled and Ascending/Engulfing

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The stock has formed Broadening Formations, Right-Angled and Ascending pattern and one can buy on the touch at horizontal line. There was Bullish Engulfing on 13.06 and it trades above the next day showing strength. Stop Loss is of one bar is affordable.
Entry 18100
SL 17750
Target 19500
RR Ratio 4
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Dagangan aktif
Dagangan aktif
It has traded below the SL but closing was above it so trade is still active. Fingers crossed.
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Not showing any movement so closing the trade.
Ascending Broadening WedgeCandlestick AnalysisSupply and DemandWedge

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