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BURGER KING - Healthy Risk Reward Ratio

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Simple Price Action.

Awaiting a breakout preferably on the upper side with volume.
The confidence I'm deriving for an upside breakout is from the MACD which is about to undergo a positive crossover.

If Double Bottom is to be believed then the risk reward ratio here is MAGNIFICENT.
Сделка активна
The stock broke out and is descending along the trend line. Stop loss of 126 is on closing basis.
Сделка активна
Made a Double Bottom and didn't breach 126
Сделка закрыта: достигнута тейк-профит цена
All targets acheived.
breakoutburgerkingChart PatternsTechnical IndicatorspriceactionTechnical AnalysisTrend Analysis

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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