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rithik21

Aluminium Analysis using Triangle

Long
Aluminium Futures (MCX:ALUMINIUM1!)  
rithik21 Updated   
MCX:ALUMINIUM1!   Aluminium Futures
Chart Patterns Triangle
3
0
chartpattern triangle
Analysis is based on Ascending Triangle .
Going Long on Aluminium if the price closes above the Upper line of triangle(138.5).

Used Fibonnacci Retracement to find levels of resistance, where I have placed targets.
Target 1- 141.55
Target 2- 145.50
Trade active
Trade closed: stop reached
Trade closed: target reached
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