PriceActionSpotter

PTC INDIA BREAKOUT

Largo
PriceActionSpotter Actualizado   
NSE:PFS   PTC INDIA FINANCIA
PFS has a good price action structure. It was consolidating in a bullish ascending triangle pattern from which it broke out and gave huge momentum.

Volumes are the highest since 52 weeks. A good sign of strength.

Similar to Adani green, I expect some sort of retrace in the coming days to make a fresh entry.

Stop loss placed below the recent swing low for now. Adjust according to future entry by placing below trendline.

Targets: 30/35+
sl: below 19.3 or below trendline

Position size accordingly. Don't jump in. Let go of trade if price doesn't retrace. HAPPY TRADING!
Operación cerrada: precio stop alcanzado
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