BURGER KING - Healthy Risk Reward Ratio

٦ أبريل ٢٠٢١

Simple Price Action.

Awaiting a breakout preferably on the upper side with volume.
The confidence I'm deriving for an upside breakout is from the MACD which is about to undergo a positive crossover.

If Double Bottom is to be believed then the risk reward ratio here is MAGNIFICENT.

١٤ أبريل ٢٠٢١

تم فتح الصفقة

The stock broke out and is descending along the trend line. Stop loss of 126 is on closing basis.

٢٠ أبريل ٢٠٢١

تم فتح الصفقة

Made a Double Bottom and didn't breach 126

١٧ يونيو ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

All targets acheived.