big ascending triangle forming in Nestle

Aktualisiert
In weekly/monthly, ascending triangle is forming here, also 7300-7450, is a multi year resistance zone.

So after breakout the pattern will be confirmed, and we can get a tgt of 9200+
Snapshot

In shorter time frame, trend is up, BB is is trending upward and candles are riding above 20 ma, Snapshot

we ll discuss in detail about the tgts and sl, post breakout
Trade ist aktiv
successful breakout here, tgt - 9160+ sl - 6860.
Anmerkung
Snapshot
Trade ist aktiv
going good, till now 7724.75
Trade ist aktiv
going good, till now 7850
Trade ist aktiv
closed at 7921, more to come.
Anmerkung
in daily, price closed above upper BB with good volume, and BB is expanding, looks quite bullish,

Snapshot
Trade ist aktiv
volatility is decreasing and BB is getting squeezed , high probability for breakout.

Snapshot
Anmerkung
breakout happened, but in the down side, price falling, and BB expanding,

Snapshot
Trade geschlossen: Ziel wurde erreicht
cmp - 9888.85, total 33% gain till now, Snapshot
Ascending TriangleBullish PatternsChart PatternsTriangleuptrend

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