big ascending triangle forming in Nestle

3 nov 2017

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

15 nov 2017

Trade attivo

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

15 nov 2017

Nota

21 nov 2017

Trade attivo

going good, till now 7724.75

8 dic 2017

Trade attivo

going good, till now 7850

9 dic 2017

Trade attivo

closed at 7921, more to come.

9 dic 2017

Nota

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

6 gen 2018

Trade attivo

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

25 gen 2018

Nota

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

10 giu 2018

Trade chiuso: obiettivo raggiunto

cmp - 9888.85, total 33% gain till now,