big ascending triangle forming in Nestle

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+

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

we ll discuss in detail about the tgts and sl, post breakout

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successful breakout here, tgt - 9160+ sl - 6860.

Комментарий:

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going good, till now 7724.75

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going good, till now 7850

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closed at 7921, more to come.

Комментарий:

in daily, price closed above upper BB with good volume, and BB is expanding, looks quite bullish,

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volatility is decreasing and BB is getting squeezed , high probability for breakout.

Комментарий:

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

Сделка закрыта: достигнута тейк-профит цена:

cmp - 9888.85, total 33% gain till now,