Descending Triangle Pattern Strategy with Bullish Expectation
Here, there is a formation of descending triangle chart pattern in the financially strong stock "Tatamotors"
Entry And Exit :
1. When the market breaks out of the trendline of the given descending triangle chart pattern, that is signal to enter the market.
2. Once you enter the stock, put a stop loss order at the nearest support as you can see in the chart.
3. When there is a signal of the formation of resistance, then you can book your profit at the swing point.
4. Wait the market for the formation of pullback and make sure you see a signal to continue the trend.
5. When there is an impulsive move and if the market breaks the resistance out, then you can Enter the market by applying a proper stop loss and you can book your profit at the next swing high (resistance)
Entry And Exit :
1. When the market breaks out of the trendline of the given descending triangle chart pattern, that is signal to enter the market.
2. Once you enter the stock, put a stop loss order at the nearest support as you can see in the chart.
3. When there is a signal of the formation of resistance, then you can book your profit at the swing point.
4. Wait the market for the formation of pullback and make sure you see a signal to continue the trend.
5. When there is an impulsive move and if the market breaks the resistance out, then you can Enter the market by applying a proper stop loss and you can book your profit at the next swing high (resistance)
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.