Reliance -Awaiting Breakout on Symmetrical triangle formation

8. Jan. 2018

A breakout is imminent on the upside. Bulls have gained support as shown. Wait for the breakout to happen and then enter on confirmation signal bar on lower time frame with respect to rising volume.

For study purpose.
Thanks.

9. Jan. 2018

Anmerkung

Trade active

15. Jan. 2018

Anmerkung

It missed the target by 1 point. Hence closed my position @ 957.

15. Jan. 2018

Trade geschlossen: Ziel wurde erreicht