AMARAJABAT - SYMMETRICAL TRIANGLE

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This chart shows the consolidation of AMARAJABAT since the start of this month (august). So we expect either an up or downward move one it breaks the pattern.

  • Wait for the breakout.
  • Confirm it is clear breakout with volume .
  • Buy with the help of technical indicators like macd , moving average, pivot points etc
  • Or you could wait for a retracement and buy at retracement (if it happens)


Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation. Trade at your own risk.
Trade chiuso: obiettivo raggiunto
what do you expect the market to give you, a false breakout did happen. but we could have easily re-entered the market and recovered the loss and book some profit.
2020AMARAJABATaugustBearish PatternsBullish PatternsChart Patternsconsolidation-breakoutSymmetrical TriangleTrend AnalysisWave Analysis

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