MMTC - Ascending Triangle - Short term swing + huge potentialThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on 30 min TF hence price may take few days in order to reach the targets.
Trade setup is explained in image itself.
To understand why the marked zone of Double Bottom is important, check the below image -
For larger perspective and understanding the huge potential, check out the below image -
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
