Trianglepatternbreakout
STLA - Ascending triangle - Long termOn the weekly timeframe of the STLA chart, we can see an ascending triangle forming. An ascending triangle is a bullish formation.
It's interesting to watch this asset during 2023 for the price to break out of the triangle to the upside. The breakout-line is shown on the chart. When this happens the pattern gets confirmed and trade can be entered by taking a long position. This is a long-term trade.
See all further details on the chart.
Good luck!
IPCALABIpcalab future broke above strong one month resistance of 885 & its trading above it comfortably with huge OI build up.
Also its on the verge of breaking out of triangle pattern on daily chart, if it breaks past 916 then add more.
Buy here & add more above 916 with mentioned stoploss & targets,.