Descending Triangle Breakout - MAHLOG

By radha_23
Updated
πŸ“Š Script: MAHLOG
πŸ“Š Sector: Logistics
πŸ“Š Industry: Miscellaneous

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is giving breakout of Descending Triangle in Daily and Weekly Chart.
πŸ“ˆ It is trading at upper band of BB and giving breakout of it.
πŸ“ˆ Already Crossover into MACD.
πŸ“ˆ Double Moving Averages giving Crossover.
πŸ“ˆ Right now RSI is around 66.
πŸ“ˆ One can go for Swing Trade.

https://www.tradingview.com/x/UdIn3pjM/

Weekly Chart

⏱️ C.M.P πŸ“‘πŸ’°- 444
🟒 Target πŸŽ―πŸ† - 485
⚠️ Stoploss ☠️🚫 - 428

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ Repeat πŸ”

Happy learning with trading. Cheers!πŸ₯‚
Trade closed: target reached
bollingerbandstrategyChart PatternsDescending TriangleTechnical IndicatorsmacdcrossoverMAHLOGmovingaveragecrossoverRelative Strength Index (RSI)Trend Analysis
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