Small risk Trade 2B/Double bottom/Big W Reversal

The Stock has formed a 2B pattern which offers a small risk trade as the details given below.
Entry 2750
SL 2690
Target 2900
RR ratio 2.50
RSI is coming out of extreme reading for the stock thus confirming the strength is returning.

Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

Trade attivo

Trade chiuso: obiettivo raggiunto:

Rewarded as expected although it could move further but I am closing on target price :)