AV. Breakout after tight consolidation Long

AVIVA ORD GBP0.328947368LSE

Description

⋅ Jan 10, 2019 5:46 AM

Aviva had a tight consolidation period in the range of 361.9 - 387.5 and has recently broke out of the resistance. This should continue to keep on moving in a bullish pattern so my game plan would be the following:

Trigger: 396.9
TP: 446.9
SL: 386.9
RR: 5:1

Trend Analysis