Swing | Descending triangle breakout | BULL
Updated
hi traders,
There is a swing in daily timeframe.
At the same time frame there is a descending triangle pattern, here this triangle breakout is a trend reversal confirmation.
Overall the trend is BULL in both Weekly and Daily timeframe.
04% - 10% rally towards the target 1 and target 2.
FNO strategy : Go for the ATM CALL option & Protective PUT.
https://sbull.co/s/rdqJd0Ro/
https://sbull.co/s/Dy8MG5Ko/
There is a swing in daily timeframe.
At the same time frame there is a descending triangle pattern, here this triangle breakout is a trend reversal confirmation.
Overall the trend is BULL in both Weekly and Daily timeframe.
04% - 10% rally towards the target 1 and target 2.
FNO strategy : Go for the ATM CALL option & Protective PUT.
https://sbull.co/s/rdqJd0Ro/
https://sbull.co/s/Dy8MG5Ko/
Note
close to target 1Trade closed: stop reached
:-(
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