Just take a very good look at charts, there are just simple lines, nothing complex or as magic. It doesn't mean complex strategies won't work.. both of them have their own pro's n cons, All you need to is completely understand what you are doing n following and sail through with that strategy even in times of downfall.
Here we are looking for upside breakout in LT from this triangle and aiming around the zone of 1820's, though of doing this with Gann but wanted to show how money can be made in single stock over time with simple lines over the time :) We are not interested in downside breakout.
True to the title,even the post is in simple understandable lines. Simple Lines, Pure Bliss be it words or trendlines :)
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So today will be that breakout day ? Lets see... Keep on radar
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As we have wished, targets by next week ? :) Its almost 5-6 days we waited inside the triangle for breakout & patience pays !
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Got lucky booking target's ? I'm not sure whether today, 1820's will be reached again or not, haven't checked the charts in lower tf's