big ascending triangle forming in Nestle

Actualizado
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+
imagen

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

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

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

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

imagen
Operación cerrada: objetivo alcanzado
cmp - 9888.85, total 33% gain till now, imagen
Ascending TriangleBullish PatternsChart PatternsTriangleuptrend

Exención de responsabilidad