RELAXO- Triangle Pattern Breakout & Retesting - Swing/Investment

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The analysis is done purely on basis of price action and chart patterns.
The analysis is done on Daily TF with a long term view. Hence price may take several weeks to months to reach the target.

Trade Set-up as well as logic has been given in image itself.
Kindly refer the below chart of NIFTY CONSUMPTION chart - RELAXO is a part of NIFTY CONSUMPTION INDEX.
Snapshot

The above analysis is for learning purpose and traders should do their own study before entering into any trade. Trade with your own money & risk management.

Feel Free to comment for any query regarding learning price action or for any suggestion.

Anmerkung
Racing for final target
Trade geschlossen: Ziel wurde erreicht
Chart PatternspriceactionanalysisRELAXOTrend Analysistrianglepattren

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