big ascending triangle forming in Nestle

Mis à jour
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+
snapshot

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

we ll discuss in detail about the tgts and sl, post breakout
Transaction en cours
successful breakout here, tgt - 9160+ sl - 6860.
Note
snapshot
Transaction en cours
going good, till now 7724.75
Transaction en cours
going good, till now 7850
Transaction en cours
closed at 7921, more to come.
Note
in daily, price closed above upper BB with good volume, and BB is expanding, looks quite bullish,

snapshot
Transaction en cours
volatility is decreasing and BB is getting squeezed , high probability for breakout.

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

snapshot
Trade fermée: cible de profit atteinte
cmp - 9888.85, total 33% gain till now, snapshot
Ascending TriangleBullish PatternsChart PatternsTriangleuptrend

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